Engagement of armed gunmen in industries

Jacob K. Abraham (Querist) 13 April 2013 This query is : Resolved
Learned experts,
Shall be grateful for your valuable advice on the following :
It is seen that public and private limited industries engage armed gunmen as their security guard through security service agencies. These gunmen are either retired army men or others having valid licence issued by District Magistrate under the Arms Act. These gunman then perform duty like accompanying employee of the industry carrying cash from bank, stand as security guard at the gate of the industry carrying the gun, etc. The understanding is that the licence issued to individual is for their self defence and not for working in industry as gunman.
1. Is this understanding correct?
2. Can a security services agency or an industry engage such licenced gunmen as employees?
3. Can these gunmen legally permitted to use their gun for defense for protecting others?
4. What is the name of law/rule applicable in this regard?
5. What are the law/rule which permits an industry to engage a person as gunman?

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Vidhi Joshi (Expert) 13 April 2013
Academic Query...state proper facts

B K Raghavendra Rao (Expert) 13 April 2013
If a licence is issued under the Arms Act, a person holding the licence could use it for the purpose of self defence. However, if he is employed as a security guard, he would proceed to protect his employer or his men in case of an attack and at such situations, a case of self defence may arise. Wherefore, the employment of gunmen by employer and use of weapon for self defence while protecting the employer or his staff would be legitimate and defendable.

prabhakar singh (Expert) 13 April 2013
While Mr.Rao is correct,i wish to know why it is cause of your headache ????

ajay sethi (Expert) 13 April 2013
we dont reply to academic queries

Jacob K. Abraham (Querist) 13 April 2013
The query is (1) is this legal for an industry to engage a private person licenced to keep arms for self defence as employee for protecting the men and property of the industry? (2) In case of an attack by can this licenced gunman legally use the arm/weapon for protecting the men and property of indsutry? (3) Is there any law/rule/regulation allowing industry to engage such licenced gunmen for this purpose?