The United Kingdom (UK) government’s Revenue and Customs (HMRC) has discharged Hasan Nawaz Sharif from bankruptcy, making him eligible to once again serve as a company director and conduct business as usual.
According to UK government records, Hasan’s bankruptcy concluded on April 29, 2025.
A legal source stated: “Hasan Nawaz Sharif’s bankruptcy has ended. The UK tax authority has confirmed that there is no illegality or wrongdoing on Hasan’s part. Discharge from bankruptcy occurs when no illegal activity is involved.”
“Otherwise,” they added, “UK tax authorities can enforce a delay if they find non-compliance. Hasan Nawaz is now released from all bankruptcy restrictions and debts. His bankruptcy lasted for only one year.”
Two months prior, the UK HMRC website had listed Hasan, son of PML-N President and former prime minister Nawaz Sharif, as a “deliberate tax defaulter” – indicating his choice to declare bankruptcy and refuse to pay a tax amount nearing £10 million.
Hasan filed for bankruptcy after being requested by the HMRC to pay approximately £10 million in taxes for the period spanning from April 5, 2015, to April 6, 2016. However, this remained a civil dispute throughout, without any indication of criminality.
The former prime minister’s son contested the tax demand, arguing that he had paid all “due taxes” for the same period, but the HMRC demanded additional taxes several years later—after the statutory time limit. He initiated litigation against the HMRC.
Late last year, the official UK Gazette, the public record keeper, published details of the bankruptcy. It noted that Hasan, a resident of Flat 17 Avenfield House, 118 Park Lane, and a company director, had been declared bankrupt in the High Court Of Justice under case No 694 of 2023, filed on August 25, 2023.
The bankruptcy order was issued on April 29, 2024, in a case brought by creditors due to non-payment. The civil case was initiated by Her Majesty’s Revenue and Customs (HMRC) department against Hasan Nawaz, who was represented by Kaur Maxwell.
An individual declared bankrupt is prohibited from acting as a director or being involved in any capacity in the management of a company until they are discharged from bankruptcy, unless they have obtained court permission to continue as a director.
Hasan is now eligible to serve as a director of companies in the UK without any restrictions.
A bankruptcy discharge is a court order that releases an individual or business from specific debts and obligations owed to creditors. In essence, it is a legal process that eliminates the debtor’s legal obligation to repay certain types of debts incurred before the bankruptcy case was filed.
Once a bankruptcy discharge is granted, the debtor is no longer legally required to repay the discharged debts, and creditors are legally barred from attempting to collect on those debts.
