Client Release Statement - India

Client Release Statement for India

Client Release Statement Template for India

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What is a Client Release Statement?

The Client Release Statement is a crucial legal document used in Indian business contexts when a service provider or company needs to obtain a formal release from liability or obligations from a client. This document is particularly important after the completion of services, during dispute resolution, or when terminating ongoing business relationships. Governed by Indian contract law, particularly the Indian Contract Act, 1872, the release statement must include clear identification of parties, explicit terms of release, and valid consideration to be legally enforceable. It serves as protection against future claims while providing clarity and closure to business relationships. The document should be carefully drafted to ensure it meets all legal requirements while being clear and comprehensible to all parties involved.

What sections should be included in a Client Release Statement?

1. Identification of Parties: Full legal names and details of both the releasing party (client) and the released party (service provider/company)

2. Recitals: Background information explaining the relationship between parties and the context of the release

3. Definitions: Clear definitions of key terms used in the release statement

4. Scope of Release: Detailed description of what claims, rights, or obligations are being released

5. Consideration: Statement of the consideration being provided in exchange for the release

6. Acknowledgment: Client's acknowledgment of understanding the release and its implications

7. Governing Law: Specification that Indian law governs the release statement

8. Execution: Signature blocks and date of execution

What sections are optional to include in a Client Release Statement?

1. Non-Admission of Liability: Optional clause stating that the release does not constitute an admission of liability by either party

2. Confidentiality: Include when the release involves sensitive information or there's a need to keep the terms confidential

3. Severability: Add when there's a need to ensure that if one part of the release is found invalid, the rest remains enforceable

4. Future Claims: Include when specifically addressing the release of unknown future claims

5. Return of Property: Add when the release involves return of physical or digital property between parties

6. Dispute Resolution: Include when specific dispute resolution mechanisms need to be established

What schedules should be included in a Client Release Statement?

1. Description of Services: Detailed list of services or activities covered by the release

2. Proof of Settlement: If applicable, documentation of any settlement amount or consideration

3. Related Agreements: Copies of any referenced agreements that are being terminated or affected by the release

4. Identification Documents: Copies of identification documents of the signing parties for verification purposes

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

Clauses

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Professional Services

Healthcare

Information Technology

Consulting

Financial Services

Education

Creative Industries

Real Estate

Construction

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Business Services

Personal Services

Relevant Teams

Legal

Compliance

Client Relations

Business Development

Operations

Risk Management

Contract Administration

Customer Service

Project Management

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

Project Manager

Account Manager

Risk Manager

Compliance Officer

Client Relations Manager

Operations Manager

Managing Director

Company Secretary

Senior Partner

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Medical Information Request Form

An India-compliant form for requesting and authorizing the release of medical information, meeting local healthcare and data protection requirements.

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What is a Client Release Statement?

What sections should be included in a Client Release Statement?

What sections are optional to include in a Client Release Statement?

What schedules should be included in a Client Release Statement?

Authors

Alex Denne

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