One party has the right to request the people's court or arbitration institution to modify or terminate the following contracts:
(1) Due to a major misunderstanding;
(2) obviously unfair at the time of conclusion of the contract.
If one party leads the other party to conclude a contract against its true meaning by fraud, coercion or taking advantage of others' danger, the injured party has the right to request the people's court or arbitration institution to modify or cancel it.
The people's court or arbitration institution shall not revoke the request of the parties.
Legal basis: Article 147 of the Civil Law of People's Republic of China (PRC) stipulates that the actor has the right to request the people's court or an arbitration institution to cancel the civil juristic act based on major misunderstanding.
Article 148 of the Civil Code of People's Republic of China (PRC) * * * If a party commits a civil legal act against its true meaning by fraudulent means, the defrauded party has the right to request the people's court or an arbitration institution to cancel it.