1. The Defendant shall pay to the Plaintiff KRW 53,77,795 and the interest rate of KRW 12% per annum from June 1, 2019 to the day of complete payment.

1. The description of the grounds for the claim shall be as specified in the attached Form;

(4) In addition, on June 18, 2019, the Plaintiff’s claim for damages for delay calculated by applying the rate of 12% per annum from June 1, 2019 to the date of full payment on June 18, 2019 as “the obligee” and “debtor” are deemed to be “the obligee” and “the Defendant.”

(Article 65(1) of the Rules of Civil Procedure. However, although the defendant submitted a written objection against the payment order on May 7, 2019, he/she received the payment order on the above written objection but received the payment order, he/she shall raise an objection.

Article 208(3)2 of the Civil Procedure Act, and Article 150(3) and (1) of the Civil Procedure Act do not stipulate any reply as to the facts alleged by the Plaintiff as the cause of the claim, and since the said written objection was not presented on the date of pleading, the Defendant’s assertion is deemed to have been led to the confession of the Plaintiff’s assertion (see, e.g., Supreme Court Decision 89Meu4045, Jul. 25, 1989).