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60

61

ABSENTEE / PROXY BID FORM

To enter absentee/proxy bids, please sign the completed form and email it to

auction@saffronart.com

,

or fax it to

+91 22 2432 1187

. 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

saffronart.com

. 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.

There will be no Buyer’s Premium on any of the lots.

*Name:

*Email:

*Address:

*City:

*Pin:

*Country:

* Tel:(mobile):

Tel:(office):

*Tel:(home):

Fax:(office):

Fax:(home):

*Saffronart login:

*Signature

Lot No.

Artist/Description

Maximum Bid Amount INR

auction along with the description, price and

other details of

Lots

to be offered for sale at

such auction.

In case of any discrepancy between the print

Auction Catalogue

, the

MobileApp

Auction

Catalogue

, the online

Auction Catalogue

and/or the eCatalogue, the online

Auction

Catalogue

, as modified by

Us

from time to

time, shall take precedence.

3.

GST

: Goods and Services Tax

4.

Lot

/

Lots

: An item to be offered at the auction,

including two or more items to be offered at

the auction as a group.

5.

Our

/

Us

/

We

:

Saffronart

Management

Corporation, acting either on its own behalf,

or as a representative of any of its Affiliates.

6.

MobileApp

: Mobile application developed by

Us

, providing a mobile auction platform for

the auction.

7.

Reserve Price

: The minimum price that a seller

has communicated to

Us

as being acceptable

for the sale of a

Lot

through an auction.

8.

Sale Price

: The price at which a property

is sold to the winning bidder, exclusive of

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.

9.

Technical Downtime

: The time period during

which

Our

server or website or mobile

application is not in operation due to a

malfunction.