Bankipur was an ancient village on the Hugli

River Hooghly

The Hooghly River or the Bhāgirathi-Hooghly, is an approximately long distributary of the Ganges River in West Bengal, India. It splits from the Ganges as a canal in Murshidabad District at the Farakka Barrage...

 river located in what is now West Bengal

West Bengal

West Bengal is a state in the eastern region of India and is the nation's fourth-most populous. It is also the seventh-most populous sub-national entity in the world, with over 91 million inhabitants. A major agricultural producer, West Bengal is the sixth-largest contributor to India's GDP...

, north of Barrackpore

Barrackpore

Barrackpore or Barrackpur is headquarters of Barrackpore subdivision in North 24 Parganas district in the Indian state of West Bengal. The town was a military and administrative center under British rule, and was the scene of several acts of rebellion against Britain during the 19th century...

, a little north of Ishapore. It is now a suburb of Barrackpore and is not to be confused with Bankipur city (West Bengal) located on the coast (at 21.76° N and 87.86° E). It was famous as the principal settlement of the Ostend Company

Ostend Company

The Imperial Ostend Company was an Austrian private trading company established in 1717 to trade with the East and West Indies. For a few years it provided strong competition to the traditional colonial trading companies...

, the one great effort made by the Austrian empire

Habsburg Monarchy

The Habsburg Monarchy covered the territories ruled by the junior Austrian branch of the House of Habsburg , and then by the successor House of Habsburg-Lorraine , between 1526 and 1867/1918. The Imperial capital was Vienna, except from 1583 to 1611, when it was moved to Prague...

 to secure a foothold in India

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

. The Ostend Company was formed in 1722–1723, and with a capital of less than a million sterling founded two settlements, one at Coblom (Covelong

Covelong

Covelong is a fishing village in India, 40 kilometres south of Chennai, on the East Coast Road en route to Mahabalipuram. Covelong was a port town developed by the Nawab of Carnatic, Saadat Ali...

) on the Madras

Chennai

Chennai , formerly known as Madras or Madarasapatinam , is the capital city of the Indian state of Tamil Nadu, located on the Coromandel Coast off the Bay of Bengal. Chennai is the fourth most populous metropolitan area and the sixth most populous city in India...

 coast between the English Madras and the Dutch Sadras

Sadras

Sadras is a fortress town located on India's Coromandel Coast in Kanchipuram District, 70 km south of Chennai in Tamil Nadu state. Sadras is the anglicized form of the ancient town of Chadhuranga Pattinam....

, and the other on the Hugli between the English Calcutta

Kolkata

Kolkata , formerly known as Calcutta, is the capital of the Indian state of West Bengal. Located on the east bank of the Hooghly River, it was the commercial capital of East India...

 and the Dutch Chinsura

Hugli-Chuchura

Hugli-Chuchura is a city in the state of West Bengal, India. It lies on the Hooghly River, 35 km north of Kolkata . It is located in the district of Hugli and is home to the district headquarters. Chuchura houses the Commissioner of the Burdwan Range...

. Both English and Dutch were offended and in 1727, in order to obtain the European guarantee for the Pragmatic Sanction

Pragmatic Sanction of 1713

The Pragmatic Sanction of 1713 was an edict issued by Holy Roman Emperor Charles VI to ensure that the throne of the Archduchy of Austria could be inherited by a daughter....

, the court of Vienna

Vienna

Vienna is the capital and largest city of the Republic of Austria and one of the nine states of Austria. Vienna is Austria's primary city, with a population of about 1.723 million , and is by far the largest city in Austria, as well as its cultural, economic, and political centre...

 resolved to sacrifice the Company and suspended its charter. It became bankrupt

Bankruptcy

Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....

 in 1784 and ceased to exist in 1793. But in the meantime in 1733 the English and Dutch stirred up the Mahommedan

Muslim

A Muslim, also spelled Moslem, is an adherent of Islam, a monotheistic, Abrahamic religion based on the Quran, which Muslims consider the verbatim word of God as revealed to prophet Muhammad. "Muslim" is the Arabic term for "submitter" .Muslims believe that God is one and incomparable...

general at Hugli to pick a quarrel. He attacked Bankipur and the garrison of only fourteen persons set sail for Europe. Thus imperial Austrian interests disappeared from India.