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1. The Defendants shall jointly and severally pay to the Plaintiff KRW 300,000,000 and the interest rate thereon from August 29, 2019 to the date of full payment.
Reasons
1. Indication of claim;
A. On November 7, 2014, the Plaintiff lent KRW 300,000,000 to Defendant B as of February 28, 2015, and Defendant C guaranteed the obligation to return loans to Defendant B.
B. On July 12, 2016, the Plaintiff changed the principal debtor of the loan from Defendant B to Defendant C with the Defendants on July 12, 2016, and Defendant B prepared a loan certificate with the content of joint and several sureties’s obligation to return the loan to Defendant C.
C. On July 7, 2017, the Plaintiff extended the repayment period of the above loan repayment obligation to January 31, 2018, but the Defendants did not return the said loan.
2. Applicable provisions;
(a) Defendant 1: Judgment made by deemed confession (Articles 208(3)2 and 150(3) of the Civil Procedure Act);
(b) Defendant 2: Judgment by public notice (Article 208 (3) 3 of the Civil Procedure Act);