In two experiments, we examined the hypothesis that bilingual speakers modulate their cognitive control settings dynamically in the presence of different interlocutors, and this can be captured through performance on a non-linguistic attention task. We introduced Malayalam-English bilinguals to interlocutors with varying L2 dominance through a pre-experiment familiarisation and interaction phase. Later, participants did the Flanker task while the interlocutors appeared before each trial. While in experiment one participants did the Flanker task with equal distribution of trials, in experiment two we manipulated the monitoring demands by changing the frequency of trials. Results showed that high-L2 proficient bilinguals had lower conflict effect on the Flanker task in the presence of balanced interlocutors in both the experiments. The results provide strong evidence of dynamic adaptation of control settings in bilinguals with regard to different passively present interlocutors. The results further extend the predictions of the adaptive control hypothesis with novel manipulation.