Business

UK Court Declares Nawaz Sharif’s Son Bankrupt

The London High Court has declared Hasan Nawaz Sharif, son of former Prime Minister Nawaz Sharif, bankrupt in a case initiated by the UK’s tax authorities.

Court documents published in the UK Gazette identify Hasan as residing at Flat 17, Avenfield House, 118 Park Lane, and serving as a director in many UK-based companies.

The bankruptcy ruling was issued under case number 694 of 2023 and follows proceedings over unpaid tax liabilities.

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Tax authorities filed the petition on August 25, 2023, and the bankruptcy order was issued on April 29, 2024.

Under UK law, an individual ceases to be a company director or manage any business without court approval if declared bankrupt.

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ProPK Staff