🇮🇳India

PSARA लाइसेंस नवीनीकरण में चूक पर जुर्माना

1 verified sources

Definition

Failure to renew PSARA license on time results in license expiry, requiring fresh application, and attracts fines up to ₹25,000, imprisonment up to 1 year, or both.

Key Findings

  • Financial Impact: ₹25,000 fine per non-renewal incident; plus re-application fees ₹5,000+
  • Frequency: Per expired license (5-year cycle if not renewed)
  • Root Cause: Manual expiry tracking and delayed applications post-45 day window

Why This Matters

The Pitch: Security Systems players in India waste ₹25,000+ per incident on PSARA renewal penalties. Automation of renewal reminders eliminates this risk.

Affected Stakeholders

Compliance Officer, Operations Manager, License Holder

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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