Unconscionable one sided agreement in favor of bank...

Querist :
Anonymous
(Querist) 04 April 2018
This query is : Resolved
If unilateral agreement is executed in favor of bank, and if it is signed only by borrower, not by bank , is it legally enforceable in any court? Borrower has filed a case against bank in consumer court as well as filed section 17 sarfaesi in Drt..bank did furnish this one sided agreement with full of unconscionable clause and flouted RBI guidelines.changed floating interest to fixed without consumer consent.. Can he invoke section 65 contract act both in Drt and consumer forum? What are the legal grounds to nullify this agreement?

Guest
(Expert) 05 April 2018
What is your concern with the borrower or his loan?