A company that provides mining services and equipment has applied to have Gujarat NRE Coking Coal wound up in a bid to recoup the debts it is owed.
RUS Mining, which has its headquarters in Rathmines, Lake Macquarie, as well as an office in Wollongong, notified the Australian Securities and Investments Commission last Wednesday that it intended to pursue court action for a winding-up order against Gujarat NRE.
RUS Mining provides specialised underground mining services, including consumables such as drill heads and miner picks, mining equipment hire, equipment rebuilds and mine maintenance.
The company declined to comment yesterday. A creditor can make an application for a winding-up order if a debt remains unpaid 21 days after service of a statutory demand for it to be paid.
Construction, Forestry, Mining and Energy Union south-western district vice-president Bob Timbs said while he understood companies had suffered as they waited for their money, he did not believe a winding-up order was the best course of action.
‘‘I understand that they’re owed money, but the CFMEU and all stakeholders have worked together to keep these companies operable so that at some stage if they return to full operation everyone will be paid up 100per cent,’’ he said.
‘‘We’ve gone this far and I’d call on everyone to give the new operator of the mine, which is Jindal, who have only really been there for a week, some time to sort out and make good on their debt.’’
Gujarat NRE did not respond to the Mercury’s questions before last night’s deadline. The matter is scheduled to go before the Supreme Court on December 4.