Dominic Chappell in September 2018 On 27 March 2018 the UK Insolvency Service announced that intends to ban Chappell, and three other former BHS directors, from serving as company directors for up to 15 years, following its investigation into the collapse of BHS under the Company Directors Disqualification Act 1986. Dominic Chappell Dominic Joseph Andrew Chappell (born 28 November 1966) is a British businessman and former racing driver, who has been declared bankrupt on two occasions. In 2015, his company, Retail Acquisitions Ltd, purchased the now collapsed retail chain British Home Stores from Philip Green for just £1 GBP together with a
UK Corporate Governance Code consolidation and refinement of a number of different reports and codes concerning opinions on good corporate governance. The first step on the road to the initial iteration of the code was the publication of the Cadbury Report in 1992. Produced by a committee chaired by Sir Adrian Cadbury, the Report was a response to major corporate scandals associated with governance failures in the UK. The committee was formed in 1991 after Polly Peck, a major UK company, went insolvent after years of falsifying financial reports. Initially limited to preventing financial fraud, when BCCI and Robert Maxwell scandals took place, Cadbury's