Justice Malik Shahzad Ahmed also ordered him to furnish two surety bonds worth Rs 10 million each.
Hamza Shehbaz assured the court that he would be cautious in future.
His counsel stated that his client fears arrest despite the Ramazan Sugar Mills reference had been filed. “The NAB also wants to arrest Hamza Shehbaz unjustifiable in the Saaf Panic case,” he said.
He requested the court to grant Hamza Shehbaz bail in both cases.
Stringent security arrangements had been made on the arrival of Hamza Shahbaz.
Earlier on Tuesday, Opposition Leader in the National Assembly Shehbaz Sharif and his son Hamza Shehbaz were indicted in Ramzan Sugar Mills case.
The father-son duo appeared before an accountability court in Lahore earlier today, where they were indicted in the Ramzan Sugar Mills corruption reference.
Accountability Court judge Najam ul Hassan heard the case. During the hearing, the accused denied all the charges.
The court has summoned witnesses and adjourned the hearing.
The NAB had filed a reference against the two alleging that the former chief minister Shehbaz Sharif misused his authority by using public funds for the construction of a bridge to facilitate the Ramzan mills, owned by his sons.
On April 8, the Lahore High Court (LHC) had extended the interim bail of PML-N leader Hamza Shehbaz till April 17.
The court also issued notices to the NAB. It also sought a report and para-wise report from Hamza Shehbaz.
The court ordered Hamza Shehbaz to furnish surety bonds worth Rs10million.