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Please answer the following questions Gilles Pty Ltd is a small gold miner. It has a loan contract with Diamantina Bank which requires that it

Please answer the following questions

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Gilles Pty Ltd is a small gold miner. It has a loan contract with Diamantina Bank which requires that it produce monthly nancial reports and deliver them to the Bank. To fail to produce and deliver these reports is an event of default under the loan contract. Gilles Pty Ltd has not complied with this term of the loan contract for the last 7 months. What can the Diamantina Bank do

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