The Notice To Rescind Contract is a critical legal instrument in Indonesian business and civil law, used when one party needs to formally terminate an existing contract. This document is particularly important in situations involving breach of contract, impossibility of performance, or when termination rights are specifically provided for in the original agreement. The notice must be drafted in compliance with the Indonesian Civil Code (KUHPer) and other relevant regulations, containing specific details about the contract being terminated, clear grounds for rescission, and the proposed effective date. It serves as official documentation of the intent to end the contractual relationship and often includes provisions for handling any outstanding obligations or disputes. The document is essential for maintaining proper legal records and protecting the rights of all parties involved in the contract termination process.
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1. Letterhead and Date: Full business details of the sender including name, address, and contact information, along with the current date
2. Recipient Details: Complete name and address of the recipient/other contracting party
3. Subject Line: Clear indication that this is a Notice of Contract Rescission, including relevant contract reference numbers
4. Contract Reference: Specific details of the contract being rescinded, including date of execution and parties involved
5. Notice of Rescission: Clear statement of intent to rescind the contract
6. Grounds for Rescission: Legal basis and specific reasons for the contract rescission
7. Effective Date: Specified date when the rescission will take effect
8. Request for Acknowledgment: Request for confirmation of receipt and understanding of the notice
9. Signature Block: Formal signature section with name, title, and company details of the sender
1. Details of Breach: Include when rescission is due to breach of contract by the other party
2. Remedy Period: Include when giving the other party an opportunity to remedy the situation before rescission takes effect
3. Financial Settlement: Include when there are outstanding financial matters to be resolved
4. Return of Property: Include when there are physical assets or intellectual property that need to be returned
5. Confidentiality Reminder: Include when the original contract contained confidentiality provisions that survive termination
6. Legal Reference: Include specific references to Indonesian Civil Code articles when formal legal backing is needed
1. Copy of Original Contract: Attachment of the contract being rescinded
2. Evidence of Breach: Documentation supporting the grounds for rescission, if applicable
3. Statement of Accounts: Summary of any outstanding financial matters between the parties
4. Handover Schedule: Timeline and list of items to be returned or transferred between parties
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