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Devesh Singh
Private Security Agencies Regulation Act, 2005 (PSARA) has been framed to regulate the Private Security Industry in India.The key operations of such businesses are regulated by the Private Security Agencies Act, 2005. Before obtaining the PSARA License, the organization is required to know the procedure and benefits of the PSARA License in India.
What is the PSARA License?
As per the Private Security Agencies Regulation Act, 2005 no person can start or operate a private security agency business without obtaining the PSARA License Registration. Consequently, PSARA License is significant for beginning a security business in India. Only the Indian company, firm,or associations are qualified for the issuance of security agency license. The following are the process of obtaining a security agency license in India.
1. Fulfil the pre-conditions
Firstly, the candidateneeds to fulfil all the pre obligatory conditions involving:
• PAN Allotment
• GST Registration
• Registration of the establishment
• Provident Fund Organisation registration
• Employee State Insurance Registration
• Registration under the Contractual labour Act
2. File an application to the regulatory authority
An applicant necessitates to make an application for gaining Psara License amongst the regulatory authority of the respective state along with the essential documents and certificates pertaining to registration.
3. Application Review by the Authority:
After receiving the application form, the applicant is further examined by the regulatory authority. The authority inspects and formulates the decision either to grant or rejects the license, mentioning a valid reason.
4. Issuance of No Objection Certificate (NOC):
From the date of making an application, the process takes around 60 days. If the authorities are satisfied, then the no-objection certificate is issued from the concerned Police and controlling authorities of the relative state.
Benefits of obtaining a security license in India?
Each organization necessitates private security for their special reason. Considering this matter, the government passed a regulating Act in 2005 to supervise such organizations that provide security personnel to numerous organizations and are associatedwith training them.
Here are some of the benefits of Psara License for the organizations:
Authorize the Training Companies: A company can initiate the training and authorizing the enterprise only after registration. The private security organizations can work out its rights to protect its interests after gaining the security license.
Provides Security to Their Rights: Definite rights like sue or being sued which are only appropriate to the registered companies and organizations. In the true sense of the term, license offers companies the specific right of providing private security to another individualor organization.
License for Starting the Recruiting Activities: The personal security agencies are required to wait for 6 months after its licensing to start with recruiting personnel, training, and activities pertaining to the placement.
Enhancing Customers’ Trust: A well-known registered company is always more trustworthy and honest than a non-registered one. Most of the private agencies look ahead to hire security men from a registered agency. Therefore, the Psara license helps in creating the customers’ trust.
Conclusion:
PSARA Act has made it essential for the private security agencies to geta security license before commencing their activities. One has to follow up with a definite process to get the license. Most importantly, the PSARA license service procedure can vary from state to state.The process comprises the application submission along with the essential documents and registration certificates. For accelerate the PSARA license process, one can consult PSARA license consultant.
