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Option 1: Wellesley - Although Wellesley played a significant role in the British East India Company`s rule in India, he is not associated with the establishment of the Sadr-Di-wani-Adalat.
Option 2: Warren Hastings - This is the correct answer. Warren Hastings, who served as the Governor-General of Bengal (1772-1785), established the Sadr-Di-wani-Adalat during the British East India Company`s rule. This court was responsible for handling civil and revenue cases in Bengal.
Option 3: Dalhousie - Dalhousie, also known as Lord Dalhousie, served as the Governor-General of India from 1848 to 1856. He implemented various reforms during his tenure but did not establish the Sadr-Di-wani-Adalat.
Option 4: Cornwallis - Although Cornwallis made significant contributions to the British East India Company`s rule in India, he is not associated with the establishment of the Sadr-Di-wani-Adalat.
Therefore, the correct answer is option 2, Warren Hastings.