Document background
The No Liabilities Agreement serves as a critical risk management tool in various business and professional contexts under Pakistani jurisdiction. This document is typically used when activities or services involve inherent risks that one party wishes to be explicitly acknowledged and waived by another party. Common applications include recreational activities, professional services, equipment rental, and facility usage. The agreement must carefully balance the interests of protecting service providers while respecting the limitations imposed by Pakistani law, particularly the Contract Act 1872 and consumer protection regulations. Key components include clear risk acknowledgment, specific liability waivers, and any excluded liabilities that cannot be waived under Pakistani law.
