Liquidators have been appointed to Retail Acquisitions, the consortium that owned BHS at the time that the retailer entered administration.
Dominic Chappell, the controversial figure who headed up the investment vehicle, had fought to keep it afloat, despite the High Court ruling last month that it should be put into liquidation.
Now, Milner Boardman and Duff & Phelps have been appointed as joint liquidators.
Unusually, Duff & Phelps was also joint administrator, along with FRP Advisory, to BHS, which entered liquidation last December. FRP is now the sole liquidator of the collapsed department store chain.
BHS, which is owed around £6m by Retail Acquisitions, acted as the petitioning creditor.
The demise of BHS, which collapsed just over a year ago, meant that 11,000 staff lost their jobs. Many of its 164 high-street outlets still stand empty.
Chappell is still under pressure from several government bodies. BHS’ collapse is being investigated by the Insolvency Service and the Financial Reporting Council and the Serious Fraud Office.
He was arrested last year as part of an HMRC investigation into unpaid taxes on profits made from BHS.