Second director to be appointed at Kingfisher

The Indian Ministry of Civil Aviation has reported that the Ministry of Home Affairs has given security clearance to advocate Lalit Bhasin in order to appoint Bhasin as a director.The request for security clearance has been pending since March 2012. The High Court also set aside the respective orders of the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), imposing penalties upon the airline for non-compliance of the conditions of its listing agreement.The airline stated it had received letters from the BSE and NSE in June 2014, which stated that Kingfisher is liable to pay fines of Rs