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1. The Defendant shall pay to the Plaintiff KRW 50,00,000 and the interest rate of KRW 15% per annum from February 16, 2016 to the date of complete payment.
Reasons
Around December 1995, the Plaintiff set the interest rate of KRW 10 million to the Defendant at an annual interest rate of KRW 50 million, KRW 10 million on the date of 1998, KRW 10 million on the date of 1998, KRW 10 million on August 199, KRW 2006, KRW 10 million on the date of 2006, KRW 10 million on the September 2013, and KRW 50 million on the date of 2013. The Defendant did not pay interest from the beginning of 2013, and at the request of the Plaintiff, there is no dispute between the parties to a promissory note.
Meanwhile, in light of the fact that the Defendant prepared and executed a notarial deed of promissory notes, the payment date of which was January 25, 2014, upon the Plaintiff’s request, it is reasonable to view the payment period of the instant loan obligation as January 25, 2014.
Therefore, the defendant is obligated to pay to the plaintiff 50 million won with 15% interest per annum from February 16, 2016 to the day of full payment, as claimed by the plaintiff, on the day following the delivery date of the copy of the complaint of this case, as the repayment date for the loan to the plaintiff.
If so, the plaintiff's claim is justified.