WOVEN TREASURES: TEXTILES FROM THE JASLEEN DHAMIJA COLLECTION (19-20 OCTOBER 2016)

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CONDITIONS FOR SALE

These conditions for sale set out the terms on which

offer the

Lots

listed in the

Auction Catalogue

for sale on

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

a contract for sale between you and the seller.

By participating in this online 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

1. Our role as the agent of the Seller

1.1

undertake to sell the

Lots

through this online

auction as agents for and on behalf of sellers. Unless

stated otherwise,

have no ownership interest in any

Lot

in this online auction.

1.2 Making a bid online constitutes an irrevocable offer

to purchase the

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.

2. Catalogue Descriptions and Condition of

Lots

2.1

offer all

Lots

for sale at the online 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.

2.2 Any statements made by

, including by

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, history, provenance or condition,

are only expressions of

Our

opinion or belief. Such

opinions or beliefs have been formed honestly in

accordance with 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 online auction, and potential buyers should seek

appropriate advice on the condition of each

Lot

from

their own professional advisors.

2.3 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.

2.4 The bidders undertake to:

(i)

inspect and satisfy themselves prior to the online

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

2.5 Size description/s of all the

Lots

featured in the

Auction Catalogue

are approximate.

encourage

all potential buyers to inspect each item carefully before

bidding.

2.6 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 the online auction.

Viewing the

Lots

and Bidder Registration

3.1 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

3.2

may withdraw any

Lot

before, during, or after

the online auction, if

have reasons to believe that

the authenticity of the

Lot

or the accuracy of the

description of the

Lot

is in doubt, or if there is a breach

Our

terms of business, or if

otherwise believe,

Our

sole discretion, that it would be improper to

include the

Lot

in the auction.

3.3 All

Lots

shall be sold subject to the

Reserve Price

. If

the winning bid is below the

Reserve Price

, the

Lot

shall be considered unsold. The

Reserve Price

each

Lot

shall be confidential and

shall have no

obligation to disclose the same to any bidder.

Lots

sold in "Absolute Auctions" or marked as sold with "No

Reserve" are not subject to a

Reserve Price

and will

be sold to the highest bidder, irrespective of the bid

amount.

3.4

have the sole and absolute discretion to: (i)

determine the form and content of the descriptions

Lots

in the

Auction Catalogue

, (ii) granting

bidding access to a bidder, (iii) recording, rejecting or

accepting bids, and (iv) deciding which bid constitutes

the winning bid, if any.

3.5 Online bidding access, and access to the

MobileApp

and the telephone bidding facility, shall be given at

Our

discretion and

may set limits on the number of bids

that may be made by a bidder and/or require payment

guarantees or deposits as a precondition to giving

bidding access to a bidder. Bidders will be informed of

their bidding limits, if any, and will not be allowed to bid

further if their bidding limit has been exhausted.

3.6 Bid updates and time extensions, if any, shall be

updated on the

Website

. On the

Website

, bidders

may refresh bidding values by clicking on the "Refresh"

icon or the re-load/refresh buttons on their browsers,

to view latest bid updates and time extensions, if any.

shall evaluate the bid histories of specific

Lot

groups periodically to preserve the efficacy of the

auction process. This exercise may be conducted by

internally or through third parties solely at

Our

discretion.

3.7 All bidders are required to provide complete and

accurate invoicing details to

at the time of

registration for the auction and invoicing details

once registered will not be changed. The bidder shall

be invoiced based on details provided at the time of

registering for the auction. New bidders are advised to

Customer (KYC) documents and/or financial reference

letters are required for individual and corporate clients

and

will not grant bidding access if the bidder

registration and KYC procedures are not complete.

Bidding

4.1 For the convenience of bidders, in particular bidders

who are placing bids on more than one

Lot

groups are scheduled to close at different times during

the auction.

4.2 The bidding for various

Lot

groups shall be closed in

accordance with the bid closing schedule. However, a

bid can be recorded by

in the 2 minutes prior to

the closing time of the

Lot

. The closing time for such

Lot

shall be extended to a time that is 2 minutes after

the time that the last bid was made. In the event of

extension of closing time in accordance with this

paragraph, bidding on the

Lot

shall only end if no bid

is recorded by

for a continuous period of 2 minutes.

Bidders are advised to click on the "Refresh" icon on

the

Website

page being viewed by them or on the

"Refresh" button in the browser at regular intervals (in

accordance with the provisions of paragraph 4.4 below)

for updates on latest bids and time extensions, if any.

4.3 The

Website

shall also contain a "My Auction" filtered

view of the

Auction Catalogue

and the bidder may

click on this link to access information on all bids made

by the bidder in respect of various

Lots

. For ease of

tracking bids, bidders are advised to assign bidding

nicknames to themselves. The

Website

shall contain

the bid history for each

Lot

, being the bid amounts

that have been recorded since the start of the auction

till the current highest bid; and a countdown clock

indicating the amount of time available for placing bids

before the closing time.

4.4 The bid history, current bid and countdown clock shall

be accurate at the time of downloading of those values.

However, such information shall not reflect any changes

in the bid history, current bid and/or countdown clock

that may have occurred during the time taken for this

information to reach the bidder's computer from

Our

server. The most updated bid values shall be shown

only when the information on bid values is refreshed,

which shall happen either automatically, or when a

bidder clicks on the "Refresh" icon on the

Website

page, or on the "Refresh" or "Reload" button on his/

her internet browser. After the values on the page have

been refreshed, any changes in the bid history shall not

be visible to the bidder until the values are refreshed

again, whether automatically on the

Website

, or by

the bidder.

4.5 When the countdown clock counts down to zero, in

the case where the closing time in respect of a particular

Lot

has been extended by a further 2 minutes pursuant

to paragraph 4.2 above, the countdown clock may not

reflect such extension. The bidder may wait for the

values on the page to refresh automatically on the