The Statement Release Form serves as a crucial legal instrument in Indian business and legal practice, designed to facilitate the authorized sharing and use of statements while protecting the interests of all parties involved. This document becomes necessary when organizations need to use personal statements, testimonials, or declarations for various purposes such as marketing, legal proceedings, or public communications. It ensures compliance with Indian legal requirements, including the Indian Contract Act, 1872, privacy protections under Article 21 of the Constitution, and relevant data protection laws. The form typically includes detailed specifications about the statement's permitted uses, duration of authorization, and any territorial or media-specific limitations. It's particularly relevant in today's digital age where statements can be widely disseminated across various platforms and jurisdictions.

1. Statement Provider Details: Full name, contact information, and identification details of the person providing the statement

2. Recipient Details: Identity and contact information of the person or organization authorized to use the statement

3. Statement Identification: Clear identification or reference to the specific statement(s) being released, including date and context of the statement

4. Purpose of Release: Explicit description of how the statement may be used, in what context, and for what duration

5. Rights Granted: Specific permissions being granted regarding the use, reproduction, or distribution of the statement

6. Representations and Warranties: Confirmation that the statement provider has the right to make the statement and grant the release

7. Release and Indemnification: Release of claims and indemnification provisions related to the authorized use of the statement

8. Governing Law: Specification that Indian law governs the agreement

9. Execution: Signature blocks, date, and witness provisions