CCI meeting this Thursday to clear 20 merger deals pending approval

Decision on these applications had been delayed due to lack of full strength of CCI quorum

After a hiatus of almost four months, the Competition Commission of India (CCI) is expected to conduct a meeting of its members to take decision on 20 merger deals pending approval on Thursday, according to sources. The decision on these applications had been delayed due to the lack of full strength of the CCI quorum.

The law ministry however, had advised the corporate affairs ministry that the CCI can invoke the doctrine of necessity to take decision on the pending applications without the full strength of the three-member quorum. There have been only two members in the CCI quorum since