Last updated: 15 August 2026
General information only
The material on khatri.au is general information for advisers, directors, business owners, individuals, creditors and other stakeholders. It is not legal, tax, accounting, financial, investment or insolvency advice and does not take into account the facts, objectives, obligations or deadlines of any particular person or entity.
You should obtain advice from appropriately qualified professionals before acting or deciding not to act. Nothing on this website is a recommendation that a particular informal or formal insolvency process is available, appropriate or likely to produce a particular result.
No engagement, appointment or duty to act
Viewing this website, contacting Nik or submitting an enquiry does not create an adviser-client relationship, engagement, retainer, formal appointment or duty to act. It does not reserve Nik, Worrells or any practitioner for a matter and does not confirm that any deadline will be monitored or met.
An engagement or appointment arises only after all required conflict and independence checks, consents, statutory requirements and written terms have been satisfied. Until then, do not send confidential or sensitive documents and do not assume that information submitted creates a confidential practitioner relationship or prevents work for another party.
Worrells and professional independence
This is the personal professional website of Nikhil “Nik” Khatri, a Principal of Worrells. It is not a separate insolvency practice. Any professional work is undertaken through the appropriate Worrells member firm and is subject to that firm’s terms and policies.
Nothing on this website limits or alters the statutory, fiduciary, professional or independence duties of Nik, a Worrells member firm or any practitioner appointed to a formal role. Those duties, including duties arising under the Corporations Act 2001 (Cth), the Bankruptcy Act 1966 (Cth) and applicable professional standards, prevail over any prior relationship, enquiry or website content.
Practical examples and outcomes
Practical examples on this website are anonymised summaries drawn from matters Nik has worked on. Names and identifying details are omitted or changed to preserve confidentiality. An example illustrates the type of issue and work involved; it is not a complete case study, does not describe every material fact and does not guarantee that a similar matter will have the same outcome.
Accuracy and currency
Insolvency law, taxation, regulatory policy, professional practice and commercial circumstances change. Reasonable care is taken when preparing content, but no representation or warranty is made that it is complete, accurate, current or suitable for every purpose. Publication dates should be considered and current law and guidance should be checked before relying on any topic discussed.
External links
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To the maximum extent permitted by law, Nik, Worrells and their respective principals, employees and agents disclaim liability for loss arising from use of, or reliance on, this website or any linked content. Nothing in this disclaimer excludes, restricts or modifies a right, guarantee or liability that cannot lawfully be excluded, restricted or modified.
Copyright
Unless otherwise stated, the original text and design on this website are protected by copyright. You may link to the website and reproduce brief extracts with clear attribution for non-commercial purposes. Other reproduction, adaptation or publication requires prior written permission.
Questions
Questions about this disclaimer may be sent to nikhil.khatri@worrells.net.au.