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1. The Defendant shall pay 10 million won to the Plaintiff the annual interest rate of 20% from May 24, 2015 to the day of complete payment.
Reasons
1. Indication of claim;
A. On August 5, 2005, the Plaintiff and the Defendant agreed on August 20, 2005 to pay to the Plaintiff KRW 140 million on the basis of the balance of the accounts payable according to the vehicle acquisition on August 5, 2005. Of these, the Plaintiff agreed to pay KRW 20 million on August 20, 2005, and the remainder KRW 120 million on November 20, 2005.
In addition, a notary public of the same content has drawn up a notarial deed of debt repayment(Quasi-Loan for Consumption) with No. 654 in 2005.
Therefore, the defendant is obligated to pay the above KRW 140 million to the plaintiff.
2. Judgment by publication of the basis (Article 208 (3) 3 of the Civil Procedure Act);