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Record with CTOS for not paying one month salary in lieu of notice. Could this happen?

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asked on May 1, 2016 at 21:53
by   Zerooep
edited on May 16, 2016 at 04:55
 
Can defaulters of not paying one month salary in lieu of notice being included into CTOS report? 

I heard CTOS is only for loans like credit cards, bills and so on. 
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answered on May 2, 2016 at 02:17
by   jeff005
edited May 2, 2016 at 02:29
by   jeff005
@ Zerooep

Blacklisting in CTOS is for commercial purposes.

For salaries issues, it is under the purview of the Labour Dept.

Seek your recourse at the Labour Dept by lodging a report.

Both employees and employers are protected by Labour Laws.
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answered on May 17, 2016 at 04:56
by   SunPhoenix
@Zerroep

The answer is Yes.

If your company is a CTOS subscriber you'll most likely be CTOS-ed by your company until you settle the amount with them.

In your CTOS (TreX/eTR) Report, the Relationship section tells your relationship with your company and the Aging section shows the amount of days owed and other information about your account with your company, the trade referee.

This is the easiest and most cost efficient way for companies to recover small debts. Legal actions by companies against defaulters are rare in such case. Just CTOS you and let you run!

Unless you have no intention of getting a loan in the future, that does not matter to you.
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