Overview of PSARA License Renewal
Due to an extensive increase in the companies and societies establishments, the demand for personal security has also increased. So, the reason for the significant growth of Private Security Agencies across the country is the growing trend of hiring security guards from private businesses, companies, etc.
PSARA License is compulsorily required for entities running Private Security Agencies. PSARA stands for Private Security Agencies (Regulation) Act, 2005. This Act regulates all the Private Security Agencies in India. The purpose of enactment of it is to ensure that the security agencies are working as per relevant legal norms.
A Private Security Agency is the entity that provides Security Guards and other related services at any establishment or building in the place of the police. They also operate outside India, but for that, they need to have consent from Controlling Authority.
Benefits of PSARA License
Following are the benefits of a PSARA License:
Eligibility Criteria for PSARA License Renewal
Following are the different eligibility criteria for PSARA License as well as PSARA License Renewal:
- Business Structures:Sole Proprietorship, LLP, One Person Company (OPC), Partnership Firm, Association of Persons, and Private Limited Company.
- Director/Principal Officer:Indian nationals, not minors, have ample financial resources to cater to business expenses and have no criminal records.
- Security Guard:The person should be an Indian national, not be a minor or above 65 years of age, must have the training, have an excellent service track record and match the desired physical attributes. He must secure a character certificate from a previous organisation.
The followings are the criteria where an applicant is not eligible for PSARA License and PSARA License Renewal:
Documents Required for PSARA License Renewal
Following is the list of all important documents required for the PSARA License Renewal:
Procedure for PSARA License Renewal
For PSARA License Renewal, the applicant has to follow the below-mentioned steps:
Pointers Related to the PSARA License and its Renewal
Following are certain points that one needs to keep in mind before applying for PSARA License and PSARA License Renewal:
Cancellation of the PSARA License (original or renewed)
Following are the conditions for the cancellation of the original as well as renewed PSARA License: