3. Section 25 Company
They have been granted a licence by the central
government recognizing.
Section 25 companies are those companies which
are formed for the sole purpose of promoting
commerce, art, science, religion, charity or any
other useful object.
4. Trade Union
Labour union
The trade union, through its leadership, bargains
with the employer on behalf of union members
(rank and file members) and negotiates labour
contracts (collective bargaining) with employers.
5. Pawnee
The pawnee is bound to take reasonable care,
of the pledge, and to return it to the, pawnor,
when the obligation of the latter has been
performed.