Resolution:
Following approach needs to be followed if you are migrating from one box to other with the BWC.
You need to install software on this new machine to have the correct vpd files (registry information about the installation).

1) Install the Workflow Server on the new machine with the dummy database. Please make sure that the server name and server id is the same as the other installation.

2) You need to change the hostname in the IC config files and the database details pointing to the right Schema

3) Copy the Repository files from the other installation to the new machine under the same location

4) Update the "location" field in the "repositories" table in your Workflow database to point to the new machine

5) Update the "partition" field in the "repositories" table in your Workflow database to point to the new location, ONLY if you have installed BWC to a different location from the original one.  
Please refer to Batch Registry documenation(&ltBWC55>/doc/IC_PDF) for how to execute these commands.
6) Run some tests and verify the results to make sure manual changes is not causing any problems.