Updated on: Nov 15th, 2022
7 min read
The world we live in at present is one where various individuals are venturing out to commence their own businesses or set up their own establishments. This meteoric rise of small businesses in the commercial space has also led to the need for security and safety.
Businesses that specialise in training and providing security services are called security agencies. Today, there are numerous private security agencies established to cater to the security needs of individuals and businesses alike. In India, all the operations and activities of the various private security agencies come under the watchful eye of the Private Security Agencies (Regulation) Act, 2005 (PSARA).
Private security agencies (agencies) are business establishments formed with the purpose of offering security services to businesses in various sector, including banking, information technology, finance, industries and the like.
PSARA, 2005 was introduced so as to establish a certain standard of professionalism in the field of security services. Agencies cannot lawfully exist without obtaining a PSARA license. These agencies not only provide security services but also offer the option of training potential candidates for their security-centric careers.
The following entities are eligible to register under the PSARA, 2005 and obtain a PSARA license:-
The eligibility to be a Director/Principal Officer is not one that is open to all. There are specific criteria to be fulfilled in order to be eligible for the same:-
Landing the role of a security guard will be plausible on ticking the following boxes:-
The documents necessary for the application have to be collected and sorted accordingly in order to ensure quick and smooth processing of the application, which will, in turn, speed up the process of obtaining the license.
The documents pertaining to the various registrations as well as the details of the promoters and directors have to be clear and in a legible format so as to avoid any discrepancy. Once the documents are obtained, the application can be made on the online portal. The availability of the e-signing feature enables the entire process to be carried out seamlessly on the online portal itself.
The eligible training institutes will be displayed on the home page of https://psara.gov.in. The applicant has to enter into an MoU with a training institute so as to be able to provide training to its candidates.
An agency that provides training will offer more of an appeal and will be able to boast high-quality employees. Ex-servicemen are offered a certain amount of relaxation and exemption with regard to the training aspects of the agency.
Once all the steps mentioned above are completed, the applicant will have to file the application (Form-I) with the respective state authority for PSARA License. The applicant should also enclose Form-II for verification of its antecedents. Affidavit in Form-III needs to be accompanied along with Form-I.
Police verification is the next step in the process. This verification will be done after the filing of Form-I. Where the agency is a partnership or a company, the respective directors will have to go for the police verification as well.
Where the application is accompanied by a No Objection Certificate (NOC) from the police after verification, the authority will examine the application and then proceed to either grant the PSARA License in Form-IV or reject the same, as the case may be.
The time period taken to obtain the PSARA license is entirely dependent on the particular state authority and the quickness with which it processes the applications. Ideally, the time period for the grant of the application is roughly 60 days from the date of receiving the application.
Supervisors are to be appointed by the applicant in order to comply with the provisions of the PSARA, 2005. The supervisors shall oversee and direct the operations of the agency in relation to the work of the security guards. The supervisors so appointed must be individuals who possess at least three years of work experience in the army or the navy.
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