Can you please clarify on few things:
1. There arent no such thing as ghost 10.5. There is ghost 11.0.x (GSS 2.0) and Ghost 11.5.x (GSS 2.5). Prior to that there was Ghost 8.3 (GSS 1.1).
2. If someone has created V2I image that this was clearly not taken with "Classic Ghost" but rather with PowerQuest technology that was rebranded as "Norton Ghost for consumers".
Now, if you have V2i and you have Ghost 11.5 you can restore you V2I image. Classic Ghost that comes with Ghost Solution Suite (or Ghost for Enterprises) can restore those image via V2iDiskLib.dll library. You'll need to find this lib either in \windows\system32 or in \program files\symantec\ghost folder and manually copy it to the same place where you are running ghost32.exe from. You can only deploy V2i images from Windows or Winpe environment.
Hope this helps.