Notice of Termination of Liquidation (BCP 503)

Summary

This is a statutory form (BCP 503) used to notify the BVI Registrar of Corporate Affairs that a company's liquidation has been terminated by court order, under section 207A(1) of the BVI Business Companies Act, 2004. It is a filing form rather than a substantive rule, and is completed by a person connected to the company once a termination order has been obtained.

• Who files: The declarant must be one of: a voluntary liquidator, a director, a member, or a creditor of the company.
• Information required: BVI company number, transaction date, company name, agent name and address, and a declaration that a court order terminating the liquidation has been obtained.
• Attachment required: A copy of the court order granting termination of the liquidation must be attached to the form.
• Signature: The form must be signed by an authorised signatory, with full name printed.
• Registry disclaimer: The Registrar states it has no duty to verify the contents of the form or that the company's Memorandum and Articles authorise the matters contained in it.

Key obligations

• The person filing (voluntary liquidator, director, member, or creditor) must attach a copy of the court order terminating the liquidation to the notice.
• The notice must be signed by an authorised signatory who prints their full name on the form.

Applies to

BVI business companies in liquidation, voluntary liquidators, directors, members, creditors