Insolvency Rules 2005 - Form 88(2) Notice of Administrator's Report on Further Enquiries

Summary

This is a statutory form used under the BVI Insolvency Rules 2005 by a company administrator to notify the Official Receiver that a report has been prepared under section 88(1) of the Insolvency Act 2003, and that in the administrator's opinion further enquiries into matters specified in that section are desirable. It is a one-page notice template with an attached report, not a standalone rule imposing new substantive requirements.

• Purpose: Notifies the Official Receiver that an administrator's report on further enquiries has been prepared and that further enquiries are considered desirable.
• Content required: Full name of the company, full name, address and insolvency practitioner licence number of the administrator, the date of the underlying section 88(1) report, and the administrator's signature and date.
• Attachment: A copy of the administrator's report must accompany the notice.
• Recipient: Sent to the Official Receiver, P.O. Box 418, Road Town, Tortola, British Virgin Islands.

The form itself does not specify a filing deadline; it is a procedural notice mechanism within the broader administration process under the Insolvency Act 2003.

Key obligations

• An administrator who forms the opinion that further enquiries into matters specified in section 88 of the Insolvency Act 2003 are desirable must give written notice of this to the Official Receiver using Form 88(2).
• The administrator must attach a copy of the underlying section 88(1) report to the notice.
• The notice must include the company's name and number, the administrator's full name, address and insolvency practitioner licence number, the date of the report, and the administrator's signature and date.

Applies to

company administrators, insolvency practitioners, companies in administration