PSARA License Consultant: Private Security Agencies (Regulation) Act

Due to economic growth, innovation & industrial development, there has been tremendous growth in the number of private corporations signalling the desire among people to start their own businesses. However, there have been equally rising cases of security breaches & notorious crimes in the major cities, fuelling the need for a strong security maintenance system for businesses.

Irrespective of the key operations of the business either private corporations to banks, hospitals, malls to showrooms, there is an immense requirement for adequate protection to prevent notorious elements from disturbing the peace and well-being of society including businesses. The private security sector in India holds the global record for its size and has experienced remarkable expansion over recent years.

Its influence extends beyond the corporate realm, extending into real estate complexes, establishing itself as a top-ranking field requiring private security staff. Presently, a multitude of private security firms have emerged to address the security requisites of both individuals and enterprises. Consequently, anyone aspiring to initiate a private security agency to supply security personnel must secure a license for operations under the Private Security Agencies Regulation Act, 2005, more commonly known as the PSARA License.

Private security agencies are commercial enterprises established to provide security solutions to diverse industries, encompassing sectors like banking, information technology, finance, and manufacturing, among others. The enactment of the Act was driven by the aim to establish directives for the training of security staff and to uphold a uniform standard of professionalism within the realm of security services.

The enactment of the Private Security Agencies (Regulation) Act, 2005 serves the purpose of overseeing the functioning of private security firms, ensuring their compliance within a lawful structure. This act holds significant importance in India for the regulation of such entities. Additionally, there are corresponding directives, known as the Private Security Agencies Central Model Rules, 2006, that offer guidance for the practical implementation of the act.

In each state, a designated officer, holding a position not lower than that of a Joint Secretary, assumes the role of the controlling authority responsible for overseeing private security agencies. Not only does it facilitate the provision of security services but also presents the opportunity to train prospective individuals for careers centered around security roles.

Any entity, regardless of whether it's an individual or a business, possesses the eligibility to request the PSARA License. The suggestive list of eligible applicants includes:
 

 Private Limited Company
 

 Limited Liability Partnership (LLP)
 

 Partnership Firms
 

  Sole Proprietor Firm 

 Hindu Undivided Family (HUF)
 

 One Person Company (OPC)

Allows Legal Permission to Commence Security Services:

Acquiring a PSARA license is essential for any private business entity that intends to initiate its business activities. Consequently, a business entity possessing this license is granted the authority to recruit and engage personnel to address the security requirements of private security establishments.

Increases Business Credibility:

Obtaining a PSARA license is crucial not only for commencing operations as a private security agency but also signifies that the recruited personnel possess sufficient training and expertise in their field. This aspect assists the security agency in fostering consumer confidence, consequently enhancing its overall credibility.

Adherence to Legal Compliance:

A private security agency that possesses a PSARA License is required to undergo registration and meet specific obligations. Failure to accomplish these tasks could result in penalties or even the revocation or temporary suspension of the license. Consequently, such a private security agency demonstrates adherence to legal regulations.

Enhances functional Efficiency:

A private security business entity with a PSARA license gains legal safeguards against unfounded allegations or legal complications.

Appointment of Supervisor:

After the license is acquired, the applicant must appoint a supervisor within the business organization as a mandatory requirement. This supervisor is responsible for ensuring consistent compliance with the provisions of the act. Their role encompasses monitoring and supervising the activities of the security agency under their jurisdiction. However, this designated supervisor is obliged to possess a minimum of three years of experience in armed forces employment.

Timeline & Validity of PSARA License:

As the PSARA Act operates at the state level, the duration for obtaining the license varies across states due to differing State authorities. Therefore, once submitted it may take around 30-60 days to obtain the PSARA Licence. On approval, the PSARA License holds validity for up to five years unless expressly revoked or cancelled by the State licensing authority.

Obtaining the PSARA License could be a bit challenging due to the complex process of the documents required and the processes involved. However, with the right amount of guidance and consultation, you could easily acquire a PSARA License registration online within the prescribed time. At Agile Regulatory PSARA Consultant in Noida, India we are committed to helping budding entrepreneurs by enabling them to acquire business licenses smoothly and carry on their businesses.