The Maharashtra Private Placement Agencies (Regulation) Act, 2025
maharashtra · 2025
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- S. 1(1) This Act may be called the Maharashtra Private Placement Agencies (Regulation) Act, 2025
- S. 2Section defines key terms used in the Maharashtra Private Placement Agencies (Regulation) Act, 2025.
- S. 3Section 3 prohibits private placement agencies from operating in Maharashtra without registration, except for educational institutions conducting campus placements.
- S. 4Section 4 mandates the appointment of a Registering Authority and outlines the registration process for private placement agencies in Maharashtra.
- S. 5Section 5 outlines the procedure for renewing a private placement agency's registration certificate in Maharashtra.
- S. 6Section 6 allows the Registering Authority to cancel private placement agency registrations for various violations, including misrepresentation and misuse of information.
- S. 7Section 7 establishes two appellate authorities to hear appeals from private placement agencies against registration decisions.
- S. 8Section 8 establishes the State Controlling and Monitoring Authority to oversee and enforce the Act's provisions.
- S. 9Section 9 outlines the responsibilities and duties of private placement agencies in Maharashtra, including record-keeping and compliance with employment laws.
- S. 10Section 10 allows local offices to help private placement agencies find job seekers and organize job fairs with government departments.
- S. 11Section 11 imposes penalties including imprisonment and fines for violations of the Maharashtra Private Placement Agencies (Regulation) Act, 2025.
- S. 12Section 12 holds company officers liable for offenses committed by the company, unless they prove lack of knowledge or due diligence.
- S. 13Section 13 protects government officers and authorities from legal actions for actions done in good faith under the Act.
- S. 14Section 14 states that this Act complements, rather than overrides, existing laws.
- S. 15Section 15 allows the State Government to create rules for the Act and requires them to be reviewed by the State Legislature.
- S. 16Section 16 allows the State Government to issue orders to resolve difficulties in implementing the Act, but only within two years of its commencement.