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1. The Defendant shall pay to the Plaintiff KRW 70,00,000 and the interest rate of KRW 25% per annum from October 12, 2017 to the date of full payment.
Reasons
1. The description of the grounds for the claim shall be as specified in the attached Form;
2. Article 208 (3) 3 of the Civil Procedure Act applicable provisions of Acts.
3. The part dismissing part of the Plaintiff’s claim for the payment of the principal amount of KRW 70,00,000 based on the loan certificate (Evidence A2) and the damages for delay from February 18, 2016. However, according to the statement in Evidence A No. 2, the above amount of KRW 70,00,000 due date for payment is blank. This is a debt with no fixed deadline for payment. Thus, the Defendant is liable for delay only after receiving the claim for payment. Thus, the Plaintiff’s claim for damages for delay from October 12, 2017, clearly stating that the Plaintiff’s claim is the next day after the delivery of the copy of the complaint of this case seeking payment of the said money, is without merit.