All Countries
Risk Management
Release And Indemnity Form

Release And Indemnity Form Template for India

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Release And Indemnity Form

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Release And Indemnity Form

"I need a Release and Indemnity Form for my software development company to settle an ongoing dispute with a former client regarding a failed project implementation, with the settlement to be effective from January 15, 2025, including mutual releases and indemnities for both parties."

Celebrated by
Collaborations with
Investors
Document background
The Release And Indemnity Form is a crucial legal instrument commonly used in Indian business and personal transactions where parties seek to resolve existing disputes or prevent future claims while establishing protection mechanisms. This document is particularly relevant in situations involving risk transfer, settlement of disputes, or commencement of high-risk activities. It combines two important legal concepts: a release, which discharges specific rights or claims, and an indemnity, which provides protection against future losses. The document must comply with Indian contract law requirements and is commonly used in various contexts including corporate transactions, personal injury settlements, property dealings, and service agreements. The form's dual nature makes it particularly valuable in complex transactions where comprehensive risk management is essential.
Suggested Sections

1. Parties: Identification of all parties involved - the Releasor (party giving the release) and Releasee (party being released)

2. Background: Context of the release and indemnity, including relevant events or circumstances leading to this agreement

3. Definitions: Key terms used in the agreement, including 'Claims', 'Loss', 'Indemnified Parties', etc.

4. Release: Explicit statement of release, detailing what claims, rights, or actions are being released

5. Scope of Release: Detailed description of the extent and limitations of the release

6. Indemnification: Terms of indemnification, including what losses are covered and obligations of the indemnifying party

7. Representations and Warranties: Statements of fact and promises made by parties regarding their capacity and authority

8. No Admission of Liability: Statement that the agreement does not constitute admission of fault or liability

9. Governing Law and Jurisdiction: Specification of Indian law as governing law and relevant jurisdiction

10. Execution: Signature blocks and execution requirements

Optional Sections

1. Consideration: Details of any payment or consideration for the release - include when there is monetary or other valuable consideration

2. Confidentiality: Provisions for maintaining confidentiality of the agreement and its terms - include when sensitive information is involved

3. Future Claims: Specific provisions about unknown future claims - include when broad future protection is needed

4. Insurance: Insurance requirements and provisions - include when ongoing risks need to be managed

5. Severability: Provision for survival of terms if parts are found invalid - include in complex agreements

6. Third Party Rights: Rights of third parties under the release - include when third parties are affected

7. Dispute Resolution: Alternative dispute resolution procedures - include when specific dispute resolution mechanisms are preferred

Suggested Schedules

1. Schedule of Released Claims: Detailed list of specific claims, incidents, or rights being released

2. Schedule of Indemnified Parties: List of all parties covered by the indemnification provisions

3. Schedule of Assets: Details of any specific properties or assets involved in the release

4. Schedule of Existing Claims: List of known existing claims or proceedings being released

5. Schedule of Excluded Claims: List of specific claims or rights explicitly excluded from the release

Authors

Alex Denne

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Construction

Manufacturing

Healthcare

Sports and Recreation

Events and Entertainment

Real Estate

Transportation

Education

Professional Services

Insurance

Retail

Technology

Financial Services

Tourism and Hospitality

Relevant Teams

Legal

Risk Management

Compliance

Operations

Human Resources

Corporate Affairs

Insurance

Claims Processing

Contract Administration

Project Management

Relevant Roles

Legal Counsel

Risk Manager

Compliance Officer

Contract Manager

Business Development Manager

Operations Director

Human Resources Manager

Chief Legal Officer

Company Secretary

Project Manager

Insurance Manager

Chief Risk Officer

Settlement Officer

Claims Manager

Corporate Counsel

Industries
Indian Contract Act, 1872: Fundamental law governing formation and enforcement of contracts in India, including essential elements of valid contracts, consideration, and capacity to contract
Law of Torts (Common Law): Principles governing civil wrongs and liability, crucial for understanding what rights can be legally waived through a release form
Limitation Act, 1963: Specifies time limits within which legal claims must be filed, affecting the duration and enforcement of indemnity provisions
Consumer Protection Act, 2019: Protects consumer rights and interests, potentially limiting what can be waived in release forms involving consumer services
Indian Evidence Act, 1872: Governs the admissibility of evidence in legal proceedings, relevant for documentation requirements and proof of release
Code of Civil Procedure, 1908: Procedural law governing civil proceedings, important for understanding enforcement mechanisms of indemnity provisions
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Letter Of Indemnity

A legally binding document under Indian law where one party agrees to protect another against specified losses or liabilities.

find out more

Contract Of Indemnity And (Insurance)

An Indian law-governed agreement establishing insurance coverage and indemnification terms between insurer and insured parties, regulated under the Indian Contract Act and Insurance Act.

find out more

Personal Indemnity Agreement

An Indian law-governed agreement where an individual commits to protect and compensate another party against specified losses or liabilities.

find out more

Indemnity & Undertaking Agreement

An Indian law-governed agreement establishing indemnification obligations and undertakings between parties, with detailed claim procedures and risk allocation mechanisms.

find out more

Standard Indemnity Form

An Indian law-governed agreement establishing indemnification obligations between parties, defining terms for compensation against specified losses and liabilities.

find out more

Release And Indemnification Form

An Indian law-governed agreement that provides liability release and indemnification protection between parties, combining waiver of claims with obligations to protect against losses.

find out more

Reciprocal Indemnity Agreement

An Indian law-governed agreement establishing reciprocal indemnification obligations between parties, defining mutual risk allocation and protection mechanisms.

find out more

Personal Indemnity Form

An Indian law-compliant document where one party agrees to protect and compensate another against specified losses or liabilities.

find out more

Mutual Indemnity And Waiver Of Recourse Agreement

An Indian law-governed agreement establishing mutual indemnification obligations and waiver of recourse rights between contracting parties.

find out more

Insurance And Indemnification Agreement

An Indian law-governed agreement establishing insurance requirements and indemnification obligations between parties, defining risk transfer mechanisms and protection procedures.

find out more

Indemnity Consent Form

A legal document under Indian law where one party agrees to protect another against specified losses or liabilities.

find out more

Indemnity Bond Agreement

A legal document under Indian law where one party agrees to compensate another for specified losses or damages.

find out more

Indemnity Agreement

An Indian law-governed agreement where one party agrees to protect and compensate another against specified losses or liabilities.

find out more

General Indemnity Agreement

An Indian law-governed agreement establishing indemnification obligations between parties, detailing scope, claims procedures, and enforcement mechanisms.

find out more

Food Waiver And Indemnification Agreement

An Indian law-governed agreement that establishes food safety liability waivers and indemnification terms between food service providers and consumers.

find out more

Deed Of Indemnity Form

An Indian law-governed deed where one party commits to compensate another for specified losses or liabilities, executed with formal deed requirements.

find out more

Deed Of Indemnity

An Indian law-governed deed where one party agrees to protect another against specified losses or liabilities, structured under the Indian Contract Act.

find out more

Customer Indemnity Form

An Indian law-compliant document establishing customer's obligation to indemnify a company against specified losses and liabilities.

find out more

Construction Indemnification Agreement

An Indian law-governed agreement establishing indemnification obligations and risk allocation between parties in construction projects.

find out more

Contractor Indemnity Agreement

An Indian law-governed agreement establishing indemnification obligations between a contractor and principal organization, defining risk allocation and claims procedures.

find out more

Consent And Indemnity Form

An Indian law-compliant document combining consent and indemnification provisions to manage risks and establish clear agreements between parties.

find out more

Corporate Indemnification Agreement

An Indian law-governed agreement establishing terms for company indemnification of directors, officers, and key personnel against corporate role-related liabilities.

find out more

Indemnification Agreement Form

A legally binding document under Indian law that establishes indemnification obligations between parties, outlining compensation terms for specified losses and damages.

find out more

Guarantee And Indemnity Form

An Indian law-governed document establishing guarantee and indemnity obligations, where a guarantor commits to fulfilling specified obligations of a principal debtor to a beneficiary.

find out more

Waiver And Indemnity Agreement

An Indian law-governed agreement combining a waiver of rights with indemnification obligations, designed to manage risk and liability between parties.

find out more

Indemnity Form For Employees

An Indian law-compliant employee indemnity form establishing terms for employee liability and employer protection in case of workplace-related losses or damages.

find out more

General Indemnity Form

An Indian law-governed document establishing indemnification obligations between parties, defining compensation terms for specified losses or liabilities.

find out more

Standard Indemnification Agreement

An Indian law-governed agreement establishing one party's obligation to compensate another for specified losses or liabilities, structured under the Indian Contract Act, 1872.

find out more

Client Indemnity Form

An Indian law-governed agreement establishing terms under which a client indemnifies a service provider against specified losses and liabilities.

find out more

Loan Indemnification Agreement

An Indian law-governed agreement establishing indemnification obligations to protect lenders against losses arising from loan transactions.

find out more

Employee Indemnification Agreement

An Indian law-governed agreement establishing terms for company indemnification of employees against specified work-related risks and liabilities.

find out more

Indemnity Agreement Form

A legally binding document under Indian law where one party agrees to protect another against specified losses or liabilities.

find out more

Release And Waiver Of Liability And Indemnity Agreement

An Indian law-compliant agreement combining liability waiver and indemnification provisions to manage risks and protect parties' interests.

find out more

Indemnity Confidentiality Agreement

An Indian law-governed agreement combining confidentiality obligations with indemnification provisions to protect sensitive business information.

find out more

Employee Liability Waiver And Indemnification Agreement

An Indian law-governed agreement establishing liability waivers and indemnification obligations between employer and employee, while ensuring compliance with Indian employment regulations.

find out more

Indemnity Form

An Indian law-compliant Indemnity Form establishing protection against specified losses and liabilities between parties.

find out more

Deed Of Indemnity And Release

An Indian law-governed deed that combines indemnification obligations with release of claims, creating legally binding protection and discharge arrangements between parties.

find out more

Release And Indemnity Form

An Indian law-governed document that combines release of claims and indemnification provisions, protecting parties from future claims while establishing clear indemnification obligations.

find out more

Mutual Indemnification Agreement

An Indian law-governed agreement establishing mutual indemnification obligations between parties, outlining protection against specified losses and damages.

find out more

Contract Of Indemnity And Guarantee

An Indian law-governed agreement combining indemnity and guarantee provisions, establishing protection against losses and performance guarantees under the Indian Contract Act, 1872.

find out more

Letter Of Indemnity Form

An Indian law-governed document where one party formally agrees to protect another against specified losses or liabilities, creating an enforceable legal obligation.

find out more

Release And Indemnity Agreement

An Indian law-governed agreement that provides for both release of claims and indemnification protection between parties, structured under the Indian Contract Act.

find out more

Indemnity Waiver

An Indian law-governed Indemnity Waiver establishing risk allocation and liability protection between parties, compliant with the Indian Contract Act requirements.

find out more

Indemnification Contract

An Indian law-governed agreement where one party agrees to protect another against specified losses or damages, structured under the Indian Contract Act, 1872.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.