MM News

The London High Court has declared Hasan Nawaz, son of former Prime Minister and PML-N President Nawaz Sharif, bankrupt in a tax case filed by the UK government’s tax and revenue department.

Hasan Nawaz was declared bankrupt in the 2023 case number 694, and the case related to him was filed in the London High Court on August 25, 2023.

The civil case was initiated by Her Majesty’s Revenue and Customs (HMRC) department against Nawaz, who Kaur Maxwell represented.

The official UK Gazette, which maintains public records, has published the bankruptcy details of Hasan Nawaz.

According to the record, Hasan, residing at Flat 17 Avenfield House, 118 Park Lane, and serving as a company director, was declared bankrupt by the High Court of Justice in case No. 694 of 2023, filed on August 25, 2023. The bankruptcy order was issued on April 29, 2024, following a case brought by creditors for non-payment.

Under UK law, a bankruptcy order is part of the personal insolvency process and is issued by the court, officially declaring an individual bankrupt. These orders are published in the London Gazette only once received from The Insolvency Service.

The civil case was initiated by Her Majesty’s Revenue and Customs (HMRC) department against Nawaz, who was represented by Kaur Maxwell.

According to UK laws, a bankruptcy order is part of the personal insolvency process. It is issued to an individual from the court, making them bankrupt. Bankruptcy orders are only published in the London Gazette when received from the Insolvency Service.

A bankrupt cannot act as a director or be involved in the management of a company until discharged from bankruptcy unless he has obtained permission from the court to continue as a director. He continues to be a director of several companies in the UK.