ctos should cease its business

Ctos should cease its business. A company which has no social responsibility on its data collection should be liable for furnishing "wrong' information to financial institutions or other companies using its services. The company shouldn't rely that it collects information from newspapers or Insolvency agency. It should update its records to reflect its true services. The company CEO just shouldnt deny that he doesn't know what the outcome will be. Look the banks rely on his company services for the sole purpose of approving loans. So he should take reasonable care that his data supplying to banks are correct and relevant. Now he is trying to sue the deputy minister for kicking up a storm over his company services. Ctos shouldnt hide in court to protect its services. So many borrowers had got the wrong end of the stick....perhaps they too can take up "a class action" on the company for making their lives hell in the hands of the banks which rely on its credit information from Ctos. Doing business should be sincere and data must always be relevant; there is no two way about.