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        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

        Provisions expressly mentioned in the judgment/order text.

        <h1>Merger approval under competition law permits acquisition of controlling stake in IT services company by private investors.</h1> Approval under Section 31(1) of the Competition Act, 2002 has been granted for BCP Topco IX Pte. Ltd., with co investors Waverly Pte Ltd. and Platinum Owl C 2018 RSC Limited, to acquire up to 75% shareholding in Mphasis Limited through interconnected transactions, identifying the acquirers and confirming the transaction concerns acquisition of control in a publicly listed IT services company; a detailed order will follow.

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