Private Security Agencies Regulation Act, 2005 regulates the Private Security Industry in India...
PSARA stands for Private Security Agencies Regulation Act, 2005. This Act came into force on 14th March 2006. It is enacted to regulate the private security agencies and the matters concerned with it. In this article, we shall discuss about eligibility criteria and required documents for PSARA License in detail.
With the increase in the number of offices, the demand for security guards has increased tremendously. More private security agencies are coming up and thus regulating and monitoring these agencies. Private security administrations interest has expanded consistently among the general population to protect against the diverse sorts of wrongdoing. Legislature has provided the development and activity of those offices through a demonstration called the Private Security Agencies Regulation Act (PSARA), 2005, as it involves national security.
The main aim of the said Act was to improve the operation of the private security agencies in India. Apart from this, the Act ensures compliance to be maintained and list of documents for PSARA License along with the registration requirements related to obtaining the PSARA License.
The Private Security Agencies Act, 2005 is the main regulation for private security agencies engaged in providing training to security guards. As per the Act, any agency involving itself in the business of securities has to obtain the license under the PSARA Act, 2005 by submitting the required documents for PSARA License.
Section 4 of the PSARA Act, 2005, no agency can engage itself in the business of a private security agency unless it holds the license under the Act.
The applicant should apply to the authority of the respective state where the applicant is residing. The requirement varies from state to state. There is no central scheme for this form of license.
The legitimacy of the PSARA license is five years and can be re-established for the next five years on an instalment of the recommended expense.
There is a specific eligibility criterion that any aspirants must fulfil to obtain this license.
The following are eligible under the PSARA Act, 2005 are:
1. Eligibility criteria for companies
Any company that wants to register under the PSARA License need to register itself as:
2. Eligibility criteria for Director/Officer
3. Eligibility criteria for becoming a Private Security Guard
Criteria followed to be a Private security Guard:
Under the Act, the set of documents for PSARA License are required. The following documents are:
Lastly, a duly filled application stating (PSARA License) is submitted to that particular state’s controlling authority along with the documents for PSARA License.
The following forms are required to be submitted along with the documents for PSARA License:
The following instances would provide the authority with the right to revoke a license:
Well, to conclude you require a PSARA license for carrying out the business of private security guards in India.
Read our article: An Overview on PSARA License Renewal and Penalties