The Consumer Contract Act permits a consumer to rescind a contract on certain conditions and nullifies any clauses, in whole or in part, which unfairly harm the interests of consumers. Further, it provides a Qualified Consumer Organization with the right to demand an injunction against a business operator. This Act applies to all contracts between individuals (not for the purpose of a business enterprise) and business operators; therefore having the potential to significantly impact business operators. The Diet has made amendments to this Act, and further amendments are under discussion at the Consumer Commission. At Nishimura & Asahi, our lawyers have a deep understanding of the Act and have a wealth of experience in a variety of cases enabling them to collaborate their knowledge to provide an essential service to our clients.
The Bank of Thailand Plans to Regulate the Business of the Hire Purchase and Leasing of Cars and Motorcycles by a Non-BankArticles