New Delhi: Decks have been cleared for appointment of a second director to the board of the ailing Kingfisher Airlines which currently has only Vijay Mallya at the helm, the Centre today informed the Delhi High Court. The Ministry of Civil Aviation told a bench of justice Vibhu Bakhru that the Ministry of Home Affairs has given security clearance to advocate Lalit Bhasin to appoint him as a director. Kingfisher had moved the high court saying its March 2012 plea seeking security clearance for Bhasin has been pending, subsequent to which the Centre was asked why no decision had been taken on the application.
Security nod given to appoint director in Kingfisher: HC told
RECENT STORIES
Budget 2026-27 Pushes MSMEs With ₹10,000 Crore Fund, Sector Contributes 35% Manufacturing Output
Sensex Falls 1,048 Points, Global Cues & FII Flows To Drive Markets Next Week
₹3 Lakh Crore Wiped Out In A Week, TCS & Infosys Lead Market Cap Fall
₹919 Crore Hotel Horizon Deal Challenged, Oberoi Realty-Led Bid Under NCLAT Scanner
₹18,662 Crore Mega Corridor Cleared, India To Build 1st Underwater Road-Rail Tunnel