CLASSICAL INDIAN ART | LIVE AUCTION, MUMBAI (09 MARCH 2017)

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International Shipping for Lots not marked as Special Lots

For lots originating from India, a 15% Service Tax on

the Buyer’s Premium is applicable. There may be duties

and taxes levied depending on the delivery destination

which typically will be on the total of the winning bid

and shipping and handling values. Depending on the

shipping address, these duties and taxes vary according

to customs regulations in the destination country. Any

shipments to EU countries will be charged an additional

VAT as applicable. Please contact SAPL for further details.

For imports, the terms of sale are Delivered Duty Unpaid

(DDU). It is the buyer’s responsibility to pay all international

duties, customs charges, taxes and tariffs to the respective

authorities. Normally, the couriers we contract will pay

import duties on behalf of the buyer and get reimbursed

at the time of delivery.

Please Note: Lots may require permits for import or be

subject to import restrictions to certain countries. Potential

buyers are advised to check import regulations prior to

making a bid decision.

How do I make payment?

Buyers will be required to complete payment within a

period of 7 business days from the receipt of the invoice via

email. If you have not received your invoice within 48 hours

of the close of the sale, please contact us.

For Buyers in India:

Payment can be made in INR only by the following

acceptable modes of payment:

(i) Cheque/Demand Draft: To be made in favour of

Saffronart Pvt. Ltd.

(ii) RTGS/NEFT: Details will be included with the

invoice and available upon request

(iii) Credit card: up to INR equivalent of USD 5,000

For Buyers outside India:

Payment can be made in USD only by the following

acceptable modes of payment:

(i) Cheque: To be made in favour of Saffronart Pvt.

Ltd.

(ii) Direct wire transfer: Details will be included with

the invoice and available upon request

(iii) Credit card: up to USD 5,000

(iv) Payment from an NRE account: The invoice will be

raised in USD based on the winning bid value, and

the buyer will have to transfer an equivalent INR

amount at the bank exchange rate. Please note

that while USD payments are accepted for Special

Lots, we require an Indian address for shipment.

When will my purchases be delivered/can I collect my

purchases?

Upon receipt of payment from the buyer, SAPL will apply

to the ASI (Archaeological Survey of India) for transfer

of ownership of the antiquity and we estimate that the

process will take between 60- 90 days. We will be able

to deliver your purchase as soon as we have completed

all formalities with the ASI and the antiquity has been

transferred to your name.

Purchases are shipped out within 7 - 10 business days after

completion of the ASI transfer, and are insured under the

terms of SAPL insurance policy (please note that frames

are not insured). If there is an expected delay in dispatch,

the buyer will be informed of the delay via email, unless

the buyer has indicated an alternative preferred mode of

communication.

What documentation will I receive with my purchases?

Upon confirmation of delivery or receipt of shipment, we

will send you the invoices for your purchases along with the

ASI registration certificate and any relevant documentation

for the lot that has been mentioned in the lot details. Please

note that SAPL does not issue any authenticity certificates.

What if my shipment reaches damaged?

All purchases from this sale are final. In the unlikely event

of your receiving a damaged product, please notify SAPL

directly within five days of receipt of the lot. Please call or

email us at any of our locations mentioned in the Sales and

Enquiries section. If SAPL does not receive any notification

within 7 business days of delivery, it shall be assumed that

the lot has been received in good condition, and no claims

will be entertained.

How do I participate in your next auction?

If you would like to register to bid or consign to any of our

upcoming auctions please contact any of our locations

listed in the Sales and Enquiries section.

If you would like to stay informed of Saffronart’s upcoming

events, please register with us online at

saffronart.com

CONDITIONS FOR SALE

These conditions for sale set out the terms on

which

offer the

Lots

listed in this catalogue for sale on

behalf of sellers, and if you make a successful bid, will form

a contract for sale between you and the seller.

By participating in this auction, you acknowledge that

you are bound by these conditions for sale as listed below

and on the

Website

. You will find a glossary at the end

explaining the meanings of the words and expressions

which are in

bold

Eligibility and Compliance

1.1

have been granted a valid licence under

the

Antiquities Act

and

Rules

for conducting the

auction of

Lots

which are

Antiquities

and for dealing

Antiquities

as a part of the

Lots

being auctioned.

1.2

have verified the valid registration of

the

Antiquities

in the name of the relevant sellers as

required under the

Antiquities Act

and the

Rules

1.3

will have no ownership interest in any

Lot

1.4 The possession of the

Lots

which are

Antiquities

shall

pass from the respective sellers to the winning bidder

within the territory of India in accordance with the

provisions of the

Antiquities Act

and the

Rules

and the sellers shall intimate the Archaeological

Survey of India of such transfer of possession of

the concerned

Antiquity

from such seller to the

designated premises of the winning bidder.

2. Our role as the agent of the Seller

2.1

undertake to sell the

Lots

through this auction as

agents for and on behalf of sellers. Unless otherwise

indicated,

have no ownership interest or any

other financial interest in any of the

Lots

2.2 Making a bid by raising one’s hand or paddle in

the auction room, submitting an absentee/proxy

bid, communicating a bid over the telephone

Our

representative or bidding on the

Website

and/

or through the

MobileApp

constitutes an irrevocable

offer to purchase a

Lot

, and the acceptance of a bid

as the winning bid by

shall result in an enforceable

contract of sale between

, acting solely as the agent

of the seller, and the winning bidder.

3. Catalogue Descriptions and Condition of

Lot

3.1

offer all

Lots

for sale at the auction on an “as is”

basis, meaning that each

Lot

is sold with all existing

faults and imperfections.

encourage all potential

buyers to inspect each item carefully before bidding.

3.2 Any

statements

made

including

Our

representatives/employees, about any

Lot

whether orally or in writing, concerning attribution

of such

Lot

to, for example, any school of art or

craftsmanship, country or origin, dating, history,

provenance or condition, are only expressions

Our

opinion or belief. Such opinions or beliefs have

been formed honestly in accordancewith the standard

of care expected of an auction house, having due

regard to the estimated value of each

Lot

have

not carried out any exhaustive research or analysis on

any

Lot

to be sold in this auction, and potential buyers

should seek appropriate advice on the condition of

each

Lot

from their own professional advisors.

3.3 For the convenience of bidders,

provide

condition reports on

Lots

upon request free of

charge. The report includes

Our

bona fide

opinion

on the condition of the

Lot

and is not an alternative

to viewing and inspecting a

Lot

by a bidder, or a

bidder’s duty to seek independent advice on the

Lot

including its description, condition and authenticity.

3.4 The bidders undertake to:

(i) inspect and satisfy themselves prior to the auction

as to the condition and description of the

Lot

;

(ii) rely on their own judgment as to whether

the

Lot

matches its description; and

(iii) not rely on an illustration of any

Lot

given in

the

Auction Catalogue

3.5 Neither

nor any of

Our

affiliates, agents,

representatives, employees or directors shall be liable

for errors or omissions in any of the representations

made in the

Auction Catalogue

or otherwise, with

respect to the authenticity, description or condition

of any

Lot

for sale through this auction.

4. Viewing the Lots and Bidder Registration

4.1 All

Lots

for sale are featured in the

Auction

Catalogue

. The number listed next to each image is

the ‘

Lot

number’ and should be used as a reference

during bidding, or for any information requests.

The

Lots

in this sale may be viewed through any of

the following:

(i) Previews and Viewings - details listed in the Sales

and Enquiries Section;

(ii) the online

Auction Catalogue

;

(iii) the printed

Auction Catalogue

; and

(iv) the mobile

Auction Catalogue

4.2

may withdraw any

Lot

before, during, or after