| Please Note: Items
over 100 years old cannot be taken out of India without the
permission of the Director General, Archaeological Survey
of India, Janpath, New Delhi 110 |
| 1. |
The highest bidder of
each lot shall be the buyer thereof. In the event of any
dispute, the auctioneer shall have absolute discretion to
determine the dispute or may re-sell the disputed lot. |
| 2. |
The auctioneer shall have absolute
discretion to divide any lot, to combine any lots, or to
withdraw lots from the sale without giving any reason. The
bidding shall be regulated at the absolute discretion of
the auctioneer who shall have the right to refuse any bid/s. |
| 3. |
The estimate figures below each lot
are the auctioneer's estimation of an expected price only.
These estimates are not representative of a reserve price
and are published only as a guide to buyers. Bidders may
bid at or within the estimate, or above the estimate, however,
bids which are less than the low estimate will not be considered
by the auctioneer. |
| 4. |
All lots are put up for sale subject
to any reserve price that may be imposed by the seller. |
| 5. |
Only a registered member is allowed
to bid in the auction. Each auction requires a new registration.
Registration process may require your Client Id and or you
may be required to fill a registration form with your address,
telephone number, and signature, after which you will be
allotted a numbered paddle to bid. First time bidders may
be asked to provide references and or a refundable money
deposit and or show a government-issued picture ID before
the start of the auction, subject to the auctioneer's sole
discretion. |
| 6. |
Bidding commissions for anyone unable
to attend the auction in person may be carried out by the
auctioneer without charge, in strict confidence, but "BUY"
commissions will only be accepted, solely at the absolute
discretion of the auctioneer. |
| 7. |
In addition, Bidders may be asked to
notify the auctioneer of his name and address and if required:
(a) Provide bank or other credit references before the start
of the auction; and or
(b) Provide a cash deposit before the start of the auction
and or
(c) Pay the full purchase price, or a fractional deposit
as soon as the auction is over, as may be determined at
the absolute and sole discretion of the
auctioneer.
|
| 8. |
Lots are sold as shown with all faults,
imperfections and or errors of description. Neither the
auctioneer nor the seller is liable for any fault or error
of description. All statements as to the items sold, at
any point, are statements of opinion only. The auctioneer
reserves the right in forming his opinion, to consult and
rely upon any expert or authority considered by him reliable.
Notwithstanding the aforementioned, should any lot been
wrongly described in any material aspect, the buyer may
reject the same, provided that he give written notice to
do so and return the same to the auctioneer within seven
(7) days from the day of the sale. Under no circumstances
will the auctioneer be liable for any costs, expenses or
damages incurred by the buyer in respect of any lot, including,
but not limited to, loss of any kind of profit whatsoever.
Bidders are advised to scrutinize the lots they bid for. |
| 9. |
The auctioneer acts solely as an agent
and shall not be responsible for any default by either the
buyer or the seller or for any action or claim which may
arise in respect of any lot. |
| 10. |
Buyers must satisfy themselves as to the accuracy of their
purchases at the time of delivery. The auctioneer cannot be
held responsible for any discrepancy which might be discovered
after the lots have been removed from either the action room
or the auctioneer's premises. |
| 11. |
The auctioneer is not responsible for the safe custody of
any lots left beyond seven (7) working days after the date
of sale, and reserves the right to charge storage and re-sell
by auction or privately, and without notice to the buyer,
any lots not removed from his premises within fourteen (14)
days from the date of sale. Buyers shall not be entitled to
remove lots from the auction room during the course of the
auction. |
| 12. |
Each lot shall be at the buyer's risk from the fall of the
hammer. |
| 13. |
Any part of the purchase price left outstanding after the
action pursuant to Condition 6, shall be paid in full within
seven (7) days of the date of auction. Without prejudice to
any rights, the auctioneer reserves the right to charge interest
on any overdue payment at the rate of 2½ % per month. |
| 14. |
Delivery is against payment in full. Delivery of the items
may be made on the following day after receiving full payment. |
| 15. |
Credit Card payments are subject to 3% surcharge. Mastercard,
Visa and American Express. |
| 16. |
A "Buyer's Premium" of 11.03% is charged (including Service
Tax) on the hammer price plus 1% VAT on gold, silver and other
precious metal objects, and 4% on items of other metals. |
| 17. |
By making a bid the buyer acknowledges his acceptance of
these Conditions and shall be bound by them. |
| 18. |
These Conditions shall take effect and be construed in accordance
with Indian law. |
| 19. |
Auction is conducted in Indian Rupees. |
| 20. |
Subject to Mumbai Jurisdiction. |