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flag ASIC sues Tahmoor Coal for failing to submit 2024 annual reports amid owner's financial struggles.

flag ASIC has taken legal action against Tahmoor Coal and other companies owned by British industrialist Sanjeev Gupta for failing to submit their 2024 annual reports. flag This comes as Gupta faces financial pressures, including the administration of his Whyalla steelworks. flag Tahmoor Coal, which had halted mining operations for months, recently received approval for an expansion set to extend its operations until 2033.

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