Lord Speaker the bar, and finish by walking up the Temporal (opposition) side toward the Woolsack. The Mace is placed on the Woolsack, where the Lord Speaker sits after a bishop has led the House in prayers. When the Sovereign appoints Lords Commissioners to perform certain actions on his or her behalf (for example, to open or prorogue Parliament, or formally declare Royal Assent), the Lord Speaker is one of them. The other Lords Commissioners, by convention, are the Leader of the House (who has acted as the principal Commissioner since the Lord Chancellor's functions were transferred to the Lord Speaker), the
Judicial functions of the House of Lords India Company". Thomas Skinner had established a trading base in Asia while there were few restrictions on trade there; later, however, the base was seized by the British East India Company, which had been granted a monopoly. In 1667, the King, Charles II, referred the case to the Lords after failed attempts at arbitration. Replying to Skinner's petition, the East India Company objected that the case was one of first instance, and that the Lords therefore should not have accepted it. Notwithstanding the Company's protests, the House of Lords proceeded with the matter. Though lawyers argued that the House could