SPRING ONLINE AUCTION (3-4 MARCH 2020)

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SPRING LIVE AUCTION | 27 FEBRUARY 2020
ABSENTEE/PROXY BID FORM
To enter absentee/proxy bids, please sign the completed form and email it to . You may also submit
absentee/proxy bids online. For additional information, please refer to our ‘Frequently Asked Questions (FAQs)’ section at the back
of the catalogue or on the Saffronart website.
“I request Saffronart, without legal obligation on its part, to bid on the Lots listed below, up to the maximum price I have specified.
I agree that my Bid will be treated as an offer and is subject to the Conditions for Sale listed in the catalogue and on .
I understand that Saffronart is accepting written Bids for the convenience of clients and I will not hold it liable for failure to record my Bid.
I understand that a maximum Bid, once recorded, may not be cancelled.”
Please print clearly in capital letters. Please mention the lot number and description accurately (artist name, title). Bidders are required to provide all
invoicing details prior to the sale. The bidder as registered with Saffronart will be invoiced, and no invoices will be changed after the sale.
Lot No. Artist/Description Maximum Bid Amount in INR/USD
Name: Email:
Address:
City: Pin/Post Code: Country:
Tel (mobile): Tel (office/home):
Saffronart username:
Signature
GST : Goods and Services Tax
Lot/Lots : A property, including an Antiquity, to be offered
at the auction, or two or more properties/ Antiquities to be
offered at the auction as a group.
MobileApp: Mobile application developed by Us, Saffronart, in
Saffronart's capacity as Our service provider providing a mobile
auction platform for the auction.
Order: Order of the court of special judge under the
Prevention of Money Laundering Act at Greater Bombay
dated 19 September 2019 obtained under the provisions of the
Prevention of Money laundering Act 2002 by the Directorate of
Enforcement, Government of India.
Original Owner : Shri. Nirav Modi and others accused in the
ECIR No. ECIR/MBZO-I/03/2018 whose property is being
auctioned off by the Seller in accordance with the Order .
Our/Us/We: Saffron Art Private Limited
Reserve Price: The minimum price that a Seller has
communicated to Us as being acceptable for the sale of a Lot
through an auction.
Rules: The Antiquities and Art Treasure Rules, 1973 and any
amendments made thereto from time to time.
Sale Price : The price at which a property is sold to the winning
bidder, exclusive of the Buyer's Premium, applicable taxes on
sale of properties and other additional charges that may be
incurred by Us, if any, including shipping and handling of the
property and additional levies.
Seller: The Directorate of Enforcement, Government of India,
represented by the Deputy Director, Mumbai Zonal Office,
Directorate of Enforcement, Kaiser-I-Hind Building, Ballard
Estate, Mumbai
Technical Downtime : The time period during which Our
server or Website or mobile application is not in operation due
to a malfunction.
Website : Saffronart's website , in
Saffronart's capacity as Our service provider providing an online
auction platform for the auction.
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