After kernel update system stopped booting with some selinux messages

Issue

• After new kernel installation system stopped booting with some 'selinux' messages.
  
• System is able to boot with a old kernel.
• After disabling the selinux, system showed below mentioned messages:

May 29 10:10:44 <Hostname> dnsmasq[2841]: using local addresses only for unqualified names
May 29 10:10:44 <Hostname> dnsmasq[2841]: reading /etc/resolv.conf
May 29 10:10:44 <Hostname> dnsmasq[2841]: using nameserver 10.42.0.1#53
May 29 10:10:44 <Hostname> dnsmasq[2841]: using local addresses only for unqualified names
May 29 10:10:44 <Hostname> dnsmasq[2841]: read /etc/hosts - 2 addresses
May 29 10:10:44 <Hostname> dnsmasq[2841]: read /var/lib/libvirt/dnsmasq/default.addnhosts - 0 addresses
May 29 10:10:44 <Hostname> dnsmasq[2841]: read /var/lib/libvirt/dnsmasq/default.hostsfile
May 29 10:10:45 <Hostname> kernel: Ebtables v2.0 registered
May 29 10:10:45 <Hostname> kernel: ip6_tables: (C) 2000-2006 Netfilter Core Team
May 29 10:10:48 <Hostname> winbindd[2377]: [2013/05/29 10:10:48.599286,  0] winbindd/winbindd.c:212(winbindd_sig_term_handler)
May 29 10:10:48 <Hostname> winbindd[2377]:   Got sig[15] terminate (is_parent=1)
May 29 10:10:49 <Hostname> winbindd[2901]: [2013/05/29 10:10:49.191281,  0] winbindd/winbindd_dual.c:926(calculate_next_machine_pwd_change)
May 29 10:10:49 <Hostname> kernel: lo: Disabled Privacy Extensions
May 29 10:11:11 <Hostname> kernel: readahead-collector: sorting
May 29 10:11:11 <Hostname> kernel: readahead-collector: finished