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The defendant shall calculate 35 million won to the plaintiff at the rate of 24% per annum from November 29, 2016 to the day of full payment.
Reasons
On November 28, 2016, the Plaintiff, on November 28, 2016, set the due date of payment of KRW 35 million to the Defendant on November 28, 2018 and lent it at the interest rate of 24% per annum.
Therefore, the Defendant is obligated to pay to the Plaintiff interest or delay damages calculated by the rate of 24% per annum from November 29, 2016, which is the day following the above loan date, to the day of full payment.
[Inasmuch as the Defendant received notification of the date by public notice pursuant to Articles 194 through 196 of the Civil Procedure Act and did not appear on the date of pleading, only the matters necessary to specify the claim pursuant to Article 208(3)3 of the Civil Procedure Act shall be written in the reasoning of the judgment]