Small Business Restructuring?

What is Small Business Restructuring (under section 453 B Act )? This video outlines the Small Business Restructuring process, timelines, duties of Director and restructuring practitioner; and the benefits of such an appointment.

What is Small Business Restructuring (under section 453 B Act )? This video outlines the Small Business Restructuring process, timelines, duties of Director and restructuring practitioner; and the benefits of such an appointment.

In this video, you will discover the following key points:

  1. Is my company eligible for the Small Business Restructuring process?
  2. What is the eligible criteria needed for the Small Business Restructuring?
  3. What does the Small Business Restructuring Process involve?
  4. As the Director, am I still in control of the business?
  5. What does it mean by ‘outside the ordinary course of business?
SERVICES

Services

Recent Articles

From 1 July 2026, employers will be required to remit superannuation contributions within seven days of paying employee wages, rather than under the current payment framework, which can be up to 3 months. This reform, commonly referred to as Payday Super, represents a material shift in the timing of employer obligations and has

From 1 July 2026, employers will be required to remit superannuation contributions within seven days of paying employee wages, rather than under the current payment framework, which can be up to 3 months. This reform, commonly referred to as Payday Super, represents a material shift in the timing of employer obligations and has

From 2 February 2026, residential addresses of company officeholders no longer appear on company extracts purchased through ASIC. The reform has been presented as a privacy and safety measure aimed at reducing identity theft and cyber-enabled risks. ASIC has confirmed that residential address information will continue to be collected and

From 2 February 2026, residential addresses of company officeholders no longer appear on company extracts purchased through ASIC. The reform has been presented as a privacy and safety measure aimed at reducing identity theft and cyber-enabled risks. ASIC has confirmed that residential address information will continue to be collected and

At Cathro & Partners, we provide live access to ASIC insolvency statistics through our website dashboard, Cathro Clarity, enabling stakeholders to track insolvency trends and market movements in near real time. When the Small Business Restructuring (SBR) regime was introduced in FY21–22, initial uptake was modest, with just 37 restructuring plans recorded nationally

At Cathro & Partners, we provide live access to ASIC insolvency statistics through our website dashboard, Cathro Clarity, enabling stakeholders to track insolvency trends and market movements in near real time. When the Small Business Restructuring (SBR) regime was introduced in FY21–22, initial uptake was modest, with just 37 restructuring plans recorded nationally