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of <h1>Section 61 of Sales of Goods Act, 1930: Interest and Damages Recovery in Breach of Contract Cases Explained.</h1> Section 61 of the Sales of Goods Act, 1930, addresses the recovery of interest and special damages in breach of contract cases. It affirms the right of sellers and buyers to recover such interest or damages where legally applicable, and also to reclaim money paid if the consideration has failed. In the absence of a contrary agreement, courts may award interest at a suitable rate to sellers for the price amount from the goods' tender date or payment due date, and to buyers for refunds in breach cases from the payment date.
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