{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2F7077b7ae-17fc-4f5e-8d81-c74e0a062023","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"","title":"Disclosure of BVI company information","description":"In this episode, Transactional Partner Rachel Graham and Dispute Resolution Counsel Francesca Gibbons look at information disclosure and the available options in respect of BVI companies \n\nKey takeaways: \n\nThe information a BVI company is required by law to maintain and retain includes: \n\nStatutory records and registers \u2013 relating to the company \nFinancial and other Records relating to business of the company \nAll BVI companies are required to have a registered agent in the BVI \u2013 they are required to hold copies of statutory registers, they make most of the filings, they are considered the administrator of the company in the BVI \n\nNot all information is available publicly \u2013 registered agents can be contacted to request additional information (and sometimes those requests may be declined) \n\nThere are three main options available for requesting information about a BVI company: \n\nNorwich Pharmacal Orders (NPO) \u2013 Allows parties to apply to Court on an ex parte basis most commonly against the registered agent for documents they hold\nSection 100 (of the BVI Business Companies Act 2004) applications\u2013 Directors can make this application to Court with statutory backing for an order for delivery up of documents \nDisclosure \u2013 A stage within the litigation process that grants parties disclosure and inspection of documents in the control of other parties where they are directly relevant to an issue in dispute in the claim.","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/51997696-c201-4632-9615-b79665e50f58/Practically-Speaking.jpg"}