Dominic Chappell, the former bankrupt who bought the failed retailer BHS for £1, is facing a ban on serving as a company director but previous owner Philip Green will avoid a similar fate following an investigation into the chains collapse in 2016.
The Insolvency Service, a UK government agency, said on Tuesday that it intends to ban Dominic Chappell and three other former BHS directors from serving as company directors for up to 15 years.
However, it said it does not intend to bring disqualification proceedings against Sir Philip, the billionaire former owner of BHS who sold the company to Mr Chappell for £1 in 2015.
Mr Chappell told the Press Association he has not been notified of the move by the Insolvency Service, and s…
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