CASES
Zhu Moumou v. Jiang Moujia and Jiang Mouyi Dispute over private lending
In March 2011, Jiang Moujia, on behalf of the two defendants, borrowed 2.5 million yuan from the plaintiff because the operating company needed to expand the factory and office building, carry out decoration and repay the loan, with an agreed loan period of one year and a monthly interest of 6%. After the loan expired, the two defendants proposed to renew the loan. After settlement, Jiang Moujia reissued a loan amount of 2.7 million yuan on March 28, 2012 on behalf of the two defendants. centimeters. So far, the two defendants have not repaid the loan interest.
In March 2010, the plaintiff, Mr. Yang, and Mr. Bao, an outsider in the case, jointly funded the establishment of the defendant, a property company in Ningbo, with a registered capital of 10 million yuan. In June 2010, the defendant obtained two land use rights located at the southeast corner and the northeast corner of the intersection of Hongtu Road and Baoyu Road, Chengdong Industrial Zone, Xiangshan Industrial Zone, through listing. The "Contract for Assignment of State-owned Construction Land Use Rights" stipulates that if the land has been idle for two years and construction has not started, the assignor (Xiangshan County Land and Resources Bureau) has the right to recover the state-owned construction land use rights free of charge.
