Document background
The Release Of All Claims Form is a critical legal instrument used in Indonesian business and civil matters to achieve final resolution of disputes or potential claims. This document is commonly used following settlements, accidents, employment terminations, or business transactions where parties seek to prevent future litigation. Under Indonesian law, particularly the Civil Code (KUHPerdata), such releases must meet specific requirements to be enforceable, including clear consideration, capacity to contract, and voluntary execution. The document should be drafted in compliance with Indonesian legal requirements for settlement agreements (dading) and should clearly specify all claims being released, the consideration provided, and include necessary representations and warranties. It's particularly important in Indonesia to ensure the document is properly executed and, where necessary, translated into Bahasa Indonesia to comply with local language requirements.
