Circular No.ES/62/2022-23 13th July, 2022
To: Members of the Council
Sub: Advisory Notice issued by the Embassy of India in Cairo on Malpractices by the Egyptian Companies
The Council has received an Advisory Notice from the Embassy of India, Cairo, Egypt informing about the malpractices committed by the following Egyptian Companies -
Managing Director: Mr. Ahmed Abdel Moneim
M/s. Cotton X Cotton for Garments
Plot 6107-6th Industrial Zone,
Sadat City, Egypt.
M/s. Khute Spinning and Textiles Co.
12 Said Saad St., Taha Hosain Road, New Nozha, Cairo, Egypt.
These companies have defaulted payments and also been indulging in unprofessional business practices.
Members may kindly make a note of the above and avoid business dealings with such fraudsters.