Re: Important
That's kinda the point, though; the EIC was behaving a lot like a state. They had political structures, services and everything.
But I was talking in the context of the OST. Think about it this way... by whatever definition, either you're a state, or you aren't.
If you're a state, either you're a OST signatory or you aren't. If you are, then you can't claim sovereignty on the Moon and if one of your citizens sets up a Moon Company and tries to keep other people away, you have to quash it. If you aren't, you can say whatever you want, but nobody who is in the OST can recognize your sovereignty, or claims made by your citizens.
If you're not a state, then either you're a citizen of a signatory state, or you are a citizen of a non-signatory state, or you are stateless. If you are a citizen of a signatory state, your state is responsible for what you do on the Moon, and it specifically cannot let you keep other people away. If you're a citizen of a non-signatory state or you're stateless, no OST state can recognize your claims.
So, there is no case where an OST signatory can have dealings with anyone, state or not, signatory or not, who behaves like the East India Company in space.
Of course, all of this is moot because the OST has no teeth at all and it only works as long as space territory is worthless. Nobody is going to argue this in an international court, because if that condition falls, every nation that works with space will just withdraw from the Treaty.