Business
UK court declares Hasan Nawaz ‘bankrupt’
字号+ Author:Smart News Source:Health 2025-01-13 14:55:23 I want to comment(0)
LONDON: Hasan Nawaz Sharif, the son of former prime minister Nawaz Sharif, was declared bankrupt by the High Court of Justice in London after he failed to clear tax liabilities he owed to the UK government, sources confirmed to . The details of the bankruptcy, which emerged on Sunday, were officially published in the UK Gazette, the public record for insolvency cases. According to the Gazette, Hasan Nawaz, who resides at Flat 17, Avenfield House, 118 Park Lane, and serves as a company director, was declared bankrupt under case number 694 of 2023. The petition was filed on Aug 25, 2023, and the bankruptcy order was issued on April 29, 2024, after a case brought forward by Her Majesty’s Revenue and Customs (HMRC). The petition cited unpaid debts and liabilities as the basis for the action. The case was reportedly handled by HMRC’s frequent petitioner contracts management team, represented in court by the legal firm Kaur Maxwell. Under UK law, a bankruptcy order restricts an individual from acting as a company director or managing businesses without court approval until the individual is discharged from bankruptcy. Despite this restriction, Hasan Nawaz is currently listed as a director in several UK-based companies. Reports suggested that his bankruptcy stems from his failure to settle outstanding liabilities with UK’s tax authority. The official record of the bankruptcy is available in the London Gazette, confirming the issuance of the order and its legal implications.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Policemen being probed for using NCP vehicles
2025-01-13 14:45
-
'Coldplay' frontman shares '12-minute' exercise to deal with 'hard emotions'
2025-01-13 13:58
-
Shafqat Ali Khan appointed new MoFA spokesperson
2025-01-13 13:51
-
Barrister Saif assures of additional security measures in Kurram
2025-01-13 12:22
User Reviews
Recommended Reads
Hot Information
- Record 281 aid workers killed this year, says United Nations
- DWTS winner Jenna Johnson bids farewell to 2024 with heartfelt note
- ATC suspends arrest warrants for KP CM Gandapur
- Zooey Deschanel and Jonathan Scott reveal why wedding plans are on hold
- PMDC gives one-year contract to 24 daily wage employees
- DWTS winner Jenna Johnson bids farewell to 2024 with heartfelt note
- Ed Sheeran joins Daniel Craig at JK Rowling's glitzy hogmanay bash
- Rihanna claps back at troll insulting her forehead over album delay
- CIA building in capital declared sub-jail to accommodate arrested PTI protesters
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content