Under Section 185 Companies Act 2013 (post-2017 amendment), LOAN TO DIRECTORS (including loan to other persons in whom the director is interested) by a company is:

1. Section 185 Companies Act 2013, as SUBSTITUTED by the Companies (Amendment) Act, 2017, deals with loans to directors and related persons. 2. Section 185(1): no company shall directly or indirectly advance any loan / give guarantee / security to its DIRECTORS / DIRECTOR OF HOLDING / partner of director / firm of director / private company in which director is director or member. 3. Section 185(2): a company may give loan/guarantee/security to any person in whom any of the directors is interested SUBJECT TO: (a) special resolution; (b) loan utilised for principal business activities by the recipient; (c) prescribed disclosure of full particulars in the explanatory statement. 4. Section 185(3) exempts loans to MD/WTD as part of conditions of service or scheme, loans by company in ordinary course of business. 5. Hence option B is correct. _Source: Companies Act 2013 (Act 18 of 2013), Govt. of India MCA — Companies Act 2013, Section 185 (substituted by Companies (Amendment) Act 2017)_