SPRING ONLINE AUCTION (3-4 MARCH 2020)

106-107 / 112

107
SHAN BHATNAGAR
Lot 1 p. 8
M F HUSAIN
Lot 5 p. 20
M F HUSAIN
Lot 6 p. 27
RAJA RAVI VARMA
Lot 7 p. 32
GANESH PYNE
Lot 8 p. 37
AMRITA SHER‒GIL
Lot 9 p. 44
ARPITA SINGH
Lot 10 p. 48
V S GAITONDE
Lot 11 p. 54
CHINTAMONI KAR
Lot 12 p. 56
B VITHAL
Lot 13 p. 57
DESMOND LAZARO
Lot 14 p. 59
PENG WEI
Lot 15 p. 61
Lot 16 p. 63
SUDHANSHU CHOUDHARY
Lot 2 p. 9
VISHWANATH NAGESHKAR
Lot 3 p. 11
MANJIT BAWA
Lot 4 p. 15
INDEX BIDDING INCREMENTS
Bidding begins below the lower estimate, and increases in steps, or increments. The next valid bid is based on the increments listed below.
If bidders enter a proxy bid online, the next bid is placed at the minimum incremental value.
1. I agree and consent to paying the Buyer’s Premium, calculated at the rate of 12% of the winning bid value on each lot.
All applicable duties and taxes, and shipping and handling charges shall be borne by me.
2. I understand that if Saffronart receives identical absentee/proxy Bids, and if these Bids are the highest for the Lot, Saffronart will
sell the Lot to the Bidder whose Bid it received and accepted first.
3. I understand that absentee/proxy Bids submitted on “no reserve” lots will be executed at a minimum of 10% of the lower estimate
(the "Minimum Value"), if there is no competing Bid, and the absentee/proxy Bid amount is greater than the Minimum Value.
For New Bidders
If you have not previously registered with please create a username on our website. To participate in this auction, you
will have to pre–register with your login details. When contacted by our representative, please provide a proof of identity and address
document, such as a copy of an official photo identity card (either a PAN Card, National Identity Card, Passport or Driver’s Licence). Once
your documents are verified, you will be given access to bid. You may also call our auction helpline at
All bids for this sale will be accepted in INR. Equivalent currency values displayed on our website are for your convenience.
The auctioneer may vary the increments during the course of the auction at his or her discretion.
For overseas bidders participating in this auction, please refer to our Conditions for Sale.
INR 10,000 – 20,000 by INR 1,000
INR 20,000 – INR 50,000 by INR 2,000, 5,000, 8,000
(e.g. INR 22,000, 25,000, 28,000)
INR 50,000 – INR 1,00,000 by INR 5,000
INR 1,00,000 – INR 2,00,000 by INR 10,000
INR 2,00,000 – INR 5,00,000 by INR 20,000, 50,000, 80,000
(e.g. INR 2,20,000, 2,50,000, 2,80,000)
INR 5,00,000 – INR 10,00,000 by INR 50,000
INR 10,00,000 – INR 20,00,000 by INR 1,00,000
INR 20,00,000 – INR 50,00,000 by INR 2,00,000, 5,00,000, 8,00,000
(e.g. INR 22,00,000, 25,00,000, 28,00,000)
INR 50,00,000 – INR 1,00,00,000 by INR 5,00,000
INR 1,00,00,000 – INR 2,00,00,000 by INR 10,00,000
INR 2,00,00,000 – INR 5,00,00,000 by INR 20,00,000, 50,00,000, 80,00,000
(e.g. INR 2,20,00,000, 2,50,00,000, 2,80,00,000)
INR 5,00,00,000 – INR 10,00,00,000 by INR 50,00,000
Above INR 10,00,00,000 at auctioneer’s discretion
106