Most of the MNCs just want that at the time of placement you should not have any backlogs pending.
So for applying for those companies you are eligible but see to it that you don't have active backlog at the time of application.
And there are also MNCs that allow candidate with 1 active backlog but demand to clear them at the end of last semester.
All the best do good.

MNCs like Cognizant , Wipro , Accenture want the candidate to have a clear academic record without any re appear or any year back at the time of applying and joining.if you haven't clear such criteria then i would suggest you should do the same and mantain a good cgpa otherwise.