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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.

5.4 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.

5.5 When the countdown clock counts down to zero, in

the casewhere the closing time in respect of a particular

Lot

has been extended by a further 2 minutes pursuant

to paragraph 5.2 above, the countdown clock may not

reflect such extension. The bidder may wait for the

values on the page to refresh automatically on the

Website

, or click on the "Refresh" icon on the page, or

on the "Refresh" or "Reload" button on his/her internet

browser after the countdown clock has counted down

to zero to determine whether the closing time has

been extended for that

Lot

.

5.6 The countdown clock combined with the current highest

bid as shown on the bid history on the

Website

shall only

be an indication of the highest bid amount at the time

when the values on the

Website

were refreshed in the

manner set out in paragraph 4.5 above. Should bidders

want more frequent updates, they are advised to refresh

values as described in paragraph 5.5 above in order to view

the most updated bid history and countdown clock.

5.7 Bidders may download the

MobileApp

onto any

mobile device that supports Android and iOS, and

use it to place advance bids. To avail of this service, you

must be registered as a bidder.

We

do not accept any

liability in the unlikely event that a bid through the

MobileApp

is not executed or executed incorrectly.

5.8 The foreign currency exchange rate used is constant

during the auction, and has currently been set at

1:64 (USD:INR). Prior to the start of the auction,

We

may at

Our

discretion change the exchange rate used,

based on fluctuations in market exchange rates. The

estimates for individual

Lots

have been 'rounded off'

for ease of reference and may not reflect the exact

exchange rate used for bid calculations.

5.9

Technical Downtime

: In the unlikely event that the

Website

or

MobileApp

is inaccessible to bidders or

partially disabled due to

Technical Downtime

at any

time during the half an hour prior to the scheduled

closing time of the auction for any of the

Lot

groups, the

closing timeof that

Lot

groupand subsequent

Lot

groups

will be extended by the duration of such

Technical

Downtime

. In case the

Technical Downtime

extends

beyond the closing time for a particular

Lot

group, the

Website

and the

MobileApp

, as the case may be, shall,

after the

Technical Downtime

, show the auction for

the particular

Lot

group as closed. However, the closing

time for such

Lot

group and subsequent

Lot

groups

shall be extended by the duration of the

Technical

Downtime

and appropriate details of the extension

shall be published on the

Website

shortly after recovery

from the

Technical Downtime

. Bids recorded prior to

any

Technical Downtime

will be treated as valid.

We

shall not be liable for any loss of information due to the

Technical Downtime

. The data logs of

Our

server will

determine the duration of the

Technical Downtime

and

any determination made by

Us

in respect of extension of

the closing time shall be final.

5.10 Due to the nature of internet and/or mobile traffic,

there may be an unpredictable time-lag between a

bidder placing a bid, and that bid being received by

Us

.

Therefore, although a bidder may have placed his/her

bid prior to the closing time, the bidmay be received by

Us

after the closing time for the

Lot

in respect of which

the bid has been placed and shall, in such an event, be

rejected. In order to prevent bids being rejected in such

a manner, bidders may set proxy bids/automatic bids

on

Lots

which the bidder wishes to bid for.

5.11 Proxy bids may be recorded with

Us

12 hours prior to

the closing time, subject to the other provisions of these

conditions for sale, including any limits imposed by

Us

on the number of bids that a bidder may place. Proxy

Bids are accepted from bidders once they have been

given bidding access for the auction and may be entered

prior to auction start and up until the auction closes.

Once a bid is registered in

Our

system, whether placed

by an active bidder or by proxy, it is immediately and

automatically displayed for all registered users to see.

5.12 Bidders are advised to keep their login ID and password

secure at all times.

We

will hold the bidder responsible

for all bids placed using their login ID and password,

whether via the

Website

or through the

MobileApp

.

Bidders choosing to bid via telephone are advised to

re-set their passwords at the close of the auction.

5.13

Our

employees may not bid in the auction once

the auction has started. They may, however, submit

an absentee/proxy bid for an amount which may be

equal to or above the lower estimate of a

Lot

before

the auction commences. Once the auction has started,

they may not increase their bid or alter it in any way.

Our

employees may also bid in charity auctions that

are held on the

Auction Platform

.

5.14

Our

auction platform does not allow any bids to be

placed by

Us

on behalf of a seller. All bids recorded are

from registered bidders.

5.15

We

have the right to exercise reasonable discretion in

setting bid increments, refusing any bid, advancing the

bidding, withdrawing or dividing any

Lot

, combining

any two or more

Lots

, and in the case of error or

dispute, during or after the sale, determining the

successful bidder, continuing the bidding, cancelling

the sale or reoffering and reselling the item in dispute.

If any dispute arises after the sale, then, in the absence

of any evidence to the contrary, the sale record

maintained by

Us

will be conclusive.

5.16

We

reserve the right not to award the winning bid to

the bidder with the highest bid at the closing date if

We

deem it necessary to do so.

5.17

We

shall retain the right to display the results of the

sale and

Lot

details sold by

Us

, including catalogue

descriptions and prices on the

Website

at all times,

including after the completion of the sale.

We

regret

that

We

cannot agree to requests to remove these

details from the

Website

.

5.18 At

Our

discretion, proxy bids submitted on "no reserve"

Lots

will be executed at aminimumof 10% of the lower

estimate of the relevant

Lot

if there is no competing

bid, and provided that the proxy bid amount is greater

than such minimum value. Notwithstanding the

above, in the event that there is a bid lower than such

minimum value and there is no competing higher bid,

then

We

may, at

Our

discretion, execute the

Lot

at

such lower value.

5.19

We

shall retain the right to display the results of the

sale and

Lot

details sold by

Us

, including catalogue

descriptions and prices on the

Website

at all times,

including after the completion of the sale.

We

regret

that

We

cannot agree to requests to remove these

details from the

Website

.

6. Completing the Purchase

6.1

We

will raise invoices on the winning bidder for the sale

price and

Buyer’s Premium

, applicable taxes on sale

of the

Lots

and other additional charges that may be

incurred by

Us

, if any, including shipping and handling

of the

Lots

and additional levies.

6.2 (a) The title to all

Lots

marked with shall pass from

the seller to

Us

outside the territory of the United

States of America.

6.2 (b) The title to the

Lots

other than mentioned in

6.2(a) above shall pass to the winning bidder at the

time that bidding is closed for each

Lot

and such

winning bidder shall thereafter assume full risk and

responsibility for such

Lot

. In any event, the

Lots

purchased will not be released or shipped out to

the winning bidder or his/her representative until

the winning bidder has fulfilled his payment and

other obligations as described in these conditions

for sale.

6.3 For

Lots

which are not

Antiquities

, the title to the

Lots

purchased shall pass to the winning bidder at the time

that bidding is closed for each

Lot

and such winning

bidder shall thereafter assume full risk and responsibility

for such

Lot(s)

. In any event,

Lots

purchased will not be

released or shipped out to the winning bidder or his/

her representative until the winning bidder has fulfilled

his/her payment and other obligations as described in

these conditions for sale.

6.4 (a) Subject to fulfilment of all these conditions for

sale, the title to the

Lots

which are

Antiquities