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The Consent Vice In Addendums To Bank Consumer Contracts Inforcing The Dispositions Of Emergency Ordinance 50/2010

Author

Listed:
  • Raul MIRON

    (Assistant, PhD. George Emil Palade University of Medicine, Pharmacy, Science and Technologies Tg. Mures, lawyer - Mures Bar, ROMANIA)

Abstract

This paper aims to analyse the possibility to seek the judicial annulment of additional contracts to credit agreements concluded by bank institutions in order to comply with the Government Emergency Ordinance no. 50/2010. We shall demonstrate that contracts that were concluded by some bank institutions in Romania are invalid, as the consent of the customer was unlawfully obtained. For this, customers that have been wronged by bank institutions we shall argue that they can initiate judicial proceedings seeking the annulment of such additional contracts.

Suggested Citation

  • Raul MIRON, 2019. "The Consent Vice In Addendums To Bank Consumer Contracts Inforcing The Dispositions Of Emergency Ordinance 50/2010," Curentul Juridic, The Juridical Current, Le Courant Juridique, Petru Maior University, Faculty of Economics Law and Administrative Sciences and Pro Iure Foundation, vol. 78, pages 66-74, September.
    • Handle: RePEc:pmu:cjurid:v:78:y:2019:p:66-74
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    File URL: http://www.upm.ro/facultati_departamente/ea/RePEc/curentul_juridic/rcj19/recjurid193_6F.pdf
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    More about this item

    Keywords

    Consent vice; Emergency Ordinance 50/2010; bank contracts; null clauses.;
    All these keywords.

    JEL classification:

    • K12 - Law and Economics - - Basic Areas of Law - - - Contract Law

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