ARTIANA | Sakti Burman (Works on Paper) | Online Auction | No Buyer's Premium | 1-7 October 2023

SAKTIBURMAN WORKSONPAPER ONLINEAUCTION

(NOBUYER’SPREMIUM)

1-7OCTOBER2023

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•Noearlyexit feespayable

SAKTIBURMAN WORKSONPAPER

SALE NUMBER: 2308

ONLINE AUCTION

OCTOBER1-7, 2023

‘WhatYouBidis WhatYouPay’

‘BidNowPayLater’

October1,2023

6:30p.m onwards

UAEStandard Time

October7,2023

5:30p.m to6:30p.m.

UAEStandard Time

P2-1A

DamacPark Towers, DIFC

Dubai|UAE

+971558153030

info@artiana.com

SPECIALIST AND SERVICES

P.O. Box112646

Dubai|UAE

SaleNumber: 2308

LaveshJagasia +971507963030

lavesh@artiana.com

ArtianaHelpDesk +971558153030

auction@artiana.com

info@artiana.com

Additionalinformationonthebuyingprocessisavailableonpage55

AdditionalinformationontheFlexiPayschemeisavailableonpage62

ThisauctionisconductedundertheConditionsofSaleasstipulatedinthe catalogueonpage64

CopyrightNotice

Nopartofthiscataloguemaybe reproduced, storedina retrievalsystemortransmitted byany formor byanymeans, electronic, mechanical, photocopying, recordingorotherwise, without thepriorwrittenpermissionofArtiana ©Copyright,Artiana, 2023

FrontCover:Lot30

InsideFrontCover:Lot7&Lot28

Page3-4:Lot10

Page6:Lot30(detail)

EndofSale:Lot12(detail)

InsideBackCover:Lot20

BackCover:Lot29

SALE GUIDE

SAKTIBURMAN:WORKSONPAPER

IT’S EASY TO BUY AT ARTIANA

AUCTION CLOSING SCHEDULE

LOT1-10

"Saktifashionedhisimagesoutoftheresourcesofmyth,legends,artandliteratureasmetaphoricalorsymbolic correlativestohisexperiences,whichhadseldomanythingtodowiththeworldabroad.Figurativevisuals fleshingouttheartist'ssubjectiveexperiencegenerallytakeonthefeaturesofdreamimagery,byvirtueoftheir beingremovedfromthevisiblerealityofdailyperception.Whatlendsthemadreamauraisasenseofthelatent coreoftheunconscious.Thisisevidentintheverypersonalandimplicitsymbolisminhisuseofmythicalor legendarymotifs"[...](ManasijMajumdar,SaktiBurman:DreamerontheArk,PundoleArtGallery,2001,pg.14)

watercoloronpaper 25x19in.(63.5x48.3cm.)

Signed'SaktiBurman'(lowerleft)

BearingthelabelfromGalleryEspace,New Delhi(onthebackoftheframe)

PROVENANCE

Privatecollection,Mumbai

LOT 1 SAKTIBURMAN (B.1935)

LOT 2

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.)

paintedin2020

Untitled US$900-1,400

Signed'SaktiBurman'(lowerleft)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

SAKTIBURMAN (B.1935) SAKTIBURMAN|WATERCOLOURDREAMS15

inkandwatercoloronpaper 7x7.5in.(18x19cm.)

paintedin2020

Untitled US$900-1,400

Signed,dated,andinscribed'SaktiBurman/ 2020/Delhi'(lowerleft)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

LOT 3 SAKTIBURMAN (B.1935)

SAKTIBURMAN (B.1935)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.)

paintedin2020

Untitled US$900-1,400

Signed'SaktiBurman'(lowerright)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

LOT 4

SAKTIBURMAN (B.1935)

Untitled US$900-1,400

Signed'SaktiBurman'(lowerright)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.) paintedin2020

PROVENANCE

Acquireddirectlyfromtheartist

Atypiczone,Paris

SAKTIBURMAN|WATERCOLOURDREAMS19

LOT 5

SAKTIBURMAN (B.1935)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.)

paintedin2020

Untitled US$900-1,400

Signed'SaktiBurman'(lowerright)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

LOT 6

LOT 7

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.) paintedin2020

Untitled US$900-1,400

Signedanddated'SaktiBurman/2020' (lowerleft)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

SAKTIBURMAN (B.1935) SAKTIBURMAN|WATERCOLOURDREAMS21

LOT 8

SAKTIBURMAN (B.1935)

Untitled US$900-1,400

Signed'SaktiBurman'(lowerleft)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.) paintedin2020

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

SAKTIBURMAN|WATERCOLOURDREAMS23

LOT 9

SAKTIBURMAN (B.1935)

Untitled US$900-1,400

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.) paintedin2020

Signedanddated'SaktiBurman/April2020' (lowerright)

PROVENANCE

Acquireddirectlyfromtheartist

Atypiczone,Paris

Signed'SaktiBurman'(lowerright)

Untitled US$3,000-5,000

watercoloronpaper 19.5x25.5in.(50x65cm.)

PROVENANCE

Acquireddirectlyfromtheartist

Atypiczone,Paris

SAKTIBURMAN|WATERCOLOURDREAMS25

LOT 10

SAKTIBURMAN (B.1935)

"Theartist’svisuallanguagefuseshisstorytellerswiththe metaphysicalmodalitiesofhistory.Itsseductionliesinits originalityofperspective.Howeversymbolicorfigurative,heis utterlypersonal.Andhisfiguresappearasindependent entities...Hisculturallykaleidoscopicapproach-quiteliterally inspiredbyitsGreeketymology(‘observingbeautifulforms’)-is affordedbythefactthathemigratedtoFranceasayoungman andwasadoptedthroughstudyandmarriageintoaforeign culture.Sohisworktumblestheviewerintoaseriesofmultiple andhybridexperiences.Likeapalimpsest,Burman’schoiceof content,oftenreliantondaydreamsormemories,iserased,rewritten,andsuperimposedonancientmotifsandthepromise offreshideas.Thiskindofaugmentedreality,meldingand layeringpeopleandplaces,makesforhisuniquestyleof representation.Anditisnotbychancethathisartisticcuriosity luredhimthroughthewondersofclassicism,theMedieval,the Renaissance,andModernism,withfrequentvisitstoItalyearly inhiscareer."(B.N.GoswamyandRosaMariaFalvo,Sakti Burman:APrivateUniverse,Skira,Milan,2014,pg.11&12)

LOT11-20

LOT 11

SAKTIBURMAN (B.1935)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.)

paintedin2020

Untitled US$900-1,400

Signed'SaktiBurman'(lowerright)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

LOT 12

SAKTIBURMAN (B.1935)

Untitled US$900-1,400

Signed'SaktiBurman'(lowerleft)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.) paintedin2020

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

SAKTIBURMAN|WATERCOLOURDREAMS29

SAKTIBURMAN (B.1935)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.)

paintedin2020

Untitled US$900-1,400

Signed'SaktiBurman'(lowerright)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

LOT 13

LOT 14

SAKTIBURMAN (B.1935)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.)

paintedin2020

Untitled US$900-1,400

Signed'SaktiBurman'(lowercenter)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

SAKTIBURMAN|WATERCOLOURDREAMS31

LOT 15

SAKTIBURMAN (B.1935)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.)

paintedin2020

Untitled US$900-1,400

Signed'SaktiBurman'(lowerright)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

SAKTIBURMAN|WATERCOLOURDREAMS33

LOT 16

SAKTIBURMAN (B.1935)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.)

paintedin2020

Untitled US$900-1,400

Signed'SaktiBurman'(lowerright)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

LOT 17

SAKTIBURMAN (B.1935)

inkandwatercoloronpaper 7x7.5in.(18x19cm.)

paintedin2020

Untitled US$1,000-1,500

Signed'SaktiBurman'(lowerright)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

SAKTIBURMAN|WATERCOLOURDREAMS35

LOT 18

SAKTIBURMAN (B.1935)

Untitled(Musicians)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.)

paintedin2020

US$900-1,400

Signed'SaktiBurman'(lowerright)

PROVENANCE

Acquireddirectlyfromtheartist

Atypiczone,Paris

SAKTIBURMAN|WATERCOLOURDREAMS37

LOT 19

SAKTIBURMAN (B.1935)

inkandwatercoloronpaper 7x7.5in.(18x19cm.)

paintedin2020

Untitled US$1,000-1,500

Signed'SaktiBurman'(lowerleft)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

SAKTIBURMAN (B.1935)

Untitled US$3,000-5,000

watercoloronpaper 19x25in.(48.3x63.5cm.)

LOT 20

LOT21-30

SAKTIBURMAN (B.1935)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.)

paintedin2020

Untitled US$900-1,400

Signed'SaktiBurman'(lowerright)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

LOT 21

SAKTIBURMAN (B.1935)

Untitled US$900-1,400

Signed'SaktiBurman'(lowerright)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.) paintedin2020

PROVENANCE

Acquireddirectlyfromtheartist

Atypiczone,Paris

SAKTIBURMAN|WATERCOLOURDREAMS43

LOT 22

SAKTIBURMAN (B.1935)

Untitled US$900-1,400

Signed'SaktiBurman'(lowerleft)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.) paintedin2020

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

SAKTIBURMAN|WATERCOLOURDREAMS45

LOT 23

LOT 24

SAKTIBURMAN

(B.1935)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.)

paintedin2020

Untitled US$900-1,400

Signed'SaktiBurman'(lowerright)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

SAKTIBURMAN (B.1935)

Untitled US$900-1,400

Signed'SaktiBurman'(lowerleft)

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.) paintedin2020

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

SAKTIBURMAN|WATERCOLOURDREAMS47

LOT 25

SAKTIBURMAN (B.1935)

inkandwatercoloronpaper 7x7.5in.(18x19cm.)

paintedin2020

Untitled US$1,000-1,500

Signed'SaktiBurman'(lowercenter)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

SAKTIBURMAN|WATERCOLOURDREAMS49

LOT 26

LOT 27

SAKTIBURMAN (B.1935)

inkandwatercoloronpaper 7x7.5in.(18x19cm.)

paintedin2020

Untitled US$1,000-1,500

Signedanddated'SaktiBurman/June2020' (lowerright)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

SAKTIBURMAN (B.1935)

Untitled US$900-1,400

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.) paintedin2020

Signedanddated'SaktiBurman/May2020' (lowerright)

PROVENANCE

Acquireddirectlyfromtheartist

Atypiczone,Paris

SAKTIBURMAN|WATERCOLOURDREAMS51

LOT 28

LOT 29

SAKTIBURMAN (B.1935)

Untitled US$900-1,400

inkandwatercoloronpaper 6.25x7.5in.(16x19cm.) paintedin2020

Signedanddated'SaktiBurman/2020' (lowerleft)

PROVENANCE

Acquireddirectlyfromtheartist Atypiczone,Paris

SAKTIBURMAN (B.1935)

Untitled US$3,000-5,000

watercoloronpaper 19.5x25.25in.(49.25x64cm.)

LOT 30

END OF SALE

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1. BROWSING

2. BIDDING

3. PAYING AND TAKING IT HOME

AUCTION CLOSING SCHEDULE

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WRIT T EN / ABSENTEE BIDS FORM

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Biddingbeginsbelowthelowerestimate, andincreasesinsteps, orincrements Thenext validBidisbasedontheincrementslistedbelow IfBidders enteraProxyBidonline, thenextBidisplacedattheminimumincremental value.

BIDDING INCREMENTS BIDDINGACCESSLEVELS

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BUYING AT ARTIANA

Estimates

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Reserves

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StartingBid

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BiddingOnline

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AuctionClosingSchedule

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Winning/SuccessfulBid

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AftertheSale

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•Pleasenotethatpurchaseswillnotbeshippedoutuntilfullpaymenthasbeenreceivedandcleared.

Invoicing& Payment

•Alldetailsfortheinvoicearetobeprovidedand verifiedpriortotheauction.

• Foranyandallclientsand/ortransactionsfromRestof Worldexceptthe UAEinvoicingandpaymentsareprocessed by ArtianaLimited, a companydulyincorporatedundertheRAKICCBusinessCompaniesRegulations2016bearing registered numberIC20120900; andforany andallclientsand/ortransactionsfromwithinthe UAEinvoicingandpaymentsareprocessed by ArtianaLimited, acompanydulyincorporated undertheDubaiInternationalFinancialCentrebearingregisterednumber2249.

•Afterthesale, theBuyer, asinvoiced, is requiredtopaytheamountinfull(includingthe WinningBid, VATand anyapplicablechargesfor additionalservicesavailed).

•Buyerswillbe requiredtocompletepaymentwithinaperiodofseven businessdaysfromthe receiptoftheinvoiceviaemail.

•ArtianashallonlyreleaseLotsoncethepaymentismadeinfull.

•Bank Transfer: YoumayelectronicallytransferfundstoouraccountinUS dollars Whendoingso, pleasequotethesaledetailsalongwiththe Lot numberandinvoice numberasthe reference Forpaymentsmade bybanktransfer, allbankchargesarepayable bythe remitter.

•CreditandDebitCards: Visa andMastercardonly PleasenotethatasArtianadoesnotchargeanyBuyer’sPremiumtotheBuyer, forany paymentsmade byCreditorDebitCardsaservicechargeof3%onthetotalinvoiceamountwillbechargedtotheBuyer Itmaybeadvisableto notify yourcardproviderof yourintendedpurchaseinadvanceto reducedelayscaused byushavingtoseekpaymentauthorisation.

Delivery/CollectionofPurchase&Insurance

•Priceestimatesand/orthe WinningBidpricedonotincludeanypacking, insurance, shippingorhandlingcharges, allofwhichwillbeborne by theBuyer.

•Workswillbeshippedwithin7daysofthepaymentbeingcleared.

•ArtianaoffersfreedeliveryinDubaiandcan recommendouraffiliatedshippingcompanyfordeliveriesoutsidethe UAE. Formoreinformation, pleaserefertothe‘StorageandCollection’ pageinthiscatalogue.

•Alternatively, Buyersmaychoosetocollecttheirpurchasefrom ArtianainDubaiwithin15daysfromthedateofthesale.

•Buyerswhohavenotcompletedpaymentformalitieswillbechargeddemurrage@2%permonthonthe valueoftheartworksandthecharges forstorageoftheproperty.

•ArtianaprovidesinsurancecoverageonsoldLotsforsevendaysaftertheClosing Timeoftheauction Afterthatperiod, oronceaLothasbeen collected(whicheverisearlier), theLotwillbeentirelyatthebuyer’srisk.

Participateinournextauction

•If you wouldliketostayinformedof Artiana’supcoming events, please registerwithusonlineatwww.artiana.com

Consignforournextauction

•If youareinterestedinconsigning worksfrom yourcollectiontoournextsale, pleasecontactusatthe Artiana AuctionDeskon +971558153030|auction@artiana.com

• Fullyclimate controlledartstoragefacility

•In-housearthandlingtruck fortransportation

•Bespokecollectionmanagementservices

• Locatedinthesafeand convenient jurisdictionofDubai International Financial Centre(DIFC)

• Assetsstoredaregoverned byacommonlawframeworkwithlawsand regulations issuedinEnglish

FINANCE AT ARTIANA

WhatisArtianaFineArtFinance?

ArtianaFineArtFinanceisourart financeadvisorydivision Leveraginguponthestrengthofourauctionhouseplatform, wespecializein financingsolutionsthatcatertoboth—buyersinourauctionsas wellasotherswhocanborrowagainst blue-chipIndianart works.

Whatservicesdoes ArtianaFine ArtFinanceprovide?

Weprovide financesolutionstoconsignorsandFlexiPayoptionsto buyersatourauctions, andarrangeadvancessecuredagainstIndian fineartat competitiveinterestrates. Ourbespoke financesolutionsprovide financingforfreshacquisitionsorexistingcollections.

WhatisFlexiPay?

Buyersatourauctionscan availofourFlexiPayschemetopayforthelots won bythemsubjecttoeligibility, andsecuringapre-approvalbefore theauction. BiddersintendingtouseFlexiPaytopayfortheiritemsshouldcontacttheauctiondeskbeforetheauctionwithdetailsofthetotal anticipatedamountandspecificlot/sthat wouldbe requiredtobecovered bytheFlexiPayschemeincasethebidsaresuccessful TheFlexiPay schemecoversupto80%ofthelowerestimate valueofthelotsexcludinganytaxesand/orlevies, andthebalanceamount overandabovethe amountcovered bytheFlexiPayschemehastobesettledwithinthe regulartimelineasmentionedintheinvoice Theitem/s remaininthe custodyof Artianatillallamountsdueundertheschemeandanyotherincidentalchargesareclearedinfull bythebuyer.

WhatisthetenorandchargesfortheFlexiPayscheme?

Themaximumamountcovered bytheFlexiPayschemeisupto80%oflowerestimate valueofthe respectivelot, whichcanbedividedintoequal paymentsrangingfrom3to12monthsandtheservicechargespayablefor availingtheschemeisaflatrateof12% p.a. proratedasperthepayment tenor ThereisnoarrangementfeeorstoragechargesapplicablewhereasinsurancechargesarebilledatactualstoallFlexiPayclients.

Why financeorborrowagainstart?

Byfinancingtheirpurchasesat Artianaauctions, clientscantakeadvantageofopportunity buysandscheduleadelayedorinstallmentpaymenton theiracquisitionsbasedontheircash flows. Byleveragingexistingartworks, ourclientsoptimizetheuseandenjoymentoftheircollection, while unlockingequityandallowingfurtherportfoliodiversification.

WhattypeofartdoesArtianaFineArtFinanceacceptascollateral?

Wewillconsiderindividualartworksandcollectionsof blue-chipIndianfineartascollateral Artworks mustbefreelymarketableandproduced by prominentartistswithanexistingtrackrecordinthesecondarymarket.

Whatistheartworkevaluationprocessforexternalartcollateral?

Weareanauctionhouse, andofferadvisoryservicesonahighlyconfidentialbasisto evaluateartworks Theindividualartworkorcollectionwill beestimated byusasiftheyarebeingproposedforauction, andtheadvanceagainsttheseitem/swilltypicallybe50%ofthelowerestimate value offered byus Wewillalso requireanindependentinspection byaconservator.

WhatLoan-To-Value(LTV)doesArtianaFineArtFinanceofferagainsttheartworks?

Wewilltypicallyadvanceupto80%ofthelowerestimate valueofartworkspurchasedatourauctionsorupto60%oftheappraised valueofthe proposedexternalartcollateral.

WhataretheadvancesizesthatArtianaFineArtFinanceoffers?

WearrangeadvancesstartingatUSD50,000andcanassistinsecuringadvancesofsubstantiallylargeramounts. For buyersatourauctions wecan offerareducedthresholdonacase-to-casebasis.

Howlongdoesthedisbursaltake?

Theapprovaldependsonthelocationoftheartworksandtheclients’ art ownershipstructure However, ourdomainexpertiseandlarge, liquid balancesheetsofourfinanciersallowustocompletetheprocessmorequicklythantraditionaloperators.

Doourclientsretainpossessionoftheirart?

No, we requirethattheartworkbeheldascollateralinourartstorage facilitytilltheadvancehasbeenfullypaidbacktoour financier.

Willtheartworksbeinsuredduringthetermtheyareheldascollateralinstorage?

Throughoutthetermthattheartworksareheldascollateraltheywillbeinsuredatdoubleoftheadvanceamount, tocoverthefull valueoftheart asset Thepolicywillbeassignedtousfordistributingtheamountsasstipulated, betweentheclientandfinancier Theinsurancecoverstheitems rightfromthetimeofcollection, duringstorageuntilthe finalhandover.

Whoownstheartworksduringthetermtheyareheldascollateralinstorage?

Theartworks remaintheclients’ propertyduringtheentirestorageperiod.

WhataretheadvantagesofArtiana’sFineArtFinancecomparedtoatraditionalbankloan?

Ouradvancesoffer flexibilityanda variabletenorsupto24monthswithano-chargeearlyexitoption. Unlockingequityand receivingliquidity withoutcumbersomedocumentationandcreditapprovalprocess Thereisnopersonalliability, thecollateralizedartworksarethesoleguarantee towardstheadvance(non recourse).

Whataretheearlyexitoptionsbeforeexpiryoftheagreedtenor?

Clientscanrequestanearlyexitbeforetheexpiryoftheagreedtenorby giving30daysnoticewithoutanyexitchargesbeingpayable Any advanceservicechargescollectedinsuchcaseswillbenon-refundable.

Whatarethechargesandcostsfortheserviceandadvance?

ArtianaFine ArtFinancewillchargeanarrangementfeeof2%oftheadvanceamountsarrangedagainstexternalartassets, thisfeeis waivedfor financearrangedagainstpurchasesmadeinourauctions. Dependingonthe value, tenorandtermsoftheadvancethechargesarecalculatedat typically15% p.a., payablequarterlyinadvancefor fixedmaturitypayments, andata flatrateof12% p.a. formonthlyinstallmentpayments. Thechargesaresetatthestartofthe facilityand fixedfortheentiretenor Therearenoadditionalcostsfor evaluationandstorage, insurance coverisprocured by Artianatocoverthefull valueoftheassetandbilledatactualstotheclient.

• FlexiPayscheme forbuyersatourauctions

•Bespokesolutions for consignorsandcollectors

•Fastdecisionsandquickdisbursals

• Flexible tenorsand repaymentoptions

•Noearlyexit feespayable

CONDITIONS OF SALE

Artiana: Artiana referstoour relevantcorporateentityactingasa representativeofeitheritself, anyofitsaffiliates, assignsoranyof itsSellers.

•For any and all clients and/or transactions from Rest of Worldexceptthe UAE: Refersto ArtianaLimited, acompany dulyincorporatedinRAKInternationalCorporateCentre-UAE, bearingregistrationnumberIC20120900.

•For any and all clients and/or transactions from within the UAE: Refersto ArtianaFZE, acompanydulyincorporated intheHamriyahFreezone-UAE, bearingregisterednumber19542. (DesignatedVATexemptfreezoneswithintheUAEaredeemedas RestofWorldregion)

ArtianaServer: Thesystem(s)thatprovidescomputerdeviceswith accessto resourcessharedoncomputernetworks, including Artiana data, applicationfilesandprinters.

Auction: AnauctionofProperty(ies)/Lot(s)tobeconducted by Artianaonwww.artiana.comoranyother websiteonthedate indicatedintheAuctionCatalogue.

AuctionCatalogue: Thecatalogueaspublished by Artiana, whether inprint, ontheMobile Application, oronthe Website, includingthe Print AuctionCatalogue, theMobileApp AuctionCatalogue, the Online AuctionCatalogue, andtheeCataloguewith respecttoan Auction, containingdetailsoftheAuctionalongwiththedescription, priceandotherdetailsofPropertiestobeofferedforsaleatsuch Auction. IncaseofanydiscrepancybetweenthePrint Auction Catalogue, theMobileApp AuctionCatalogue, theOnline Auction Catalogueand/ortheeCatalogue, theOnline AuctionCatalogue, as modified by Artianafromtimetotime, shalltakeprecedence.

AuctionClosingSchedule: Theschedulespecifyingtheclosing timesforBidsforeachLottobesoldthroughtheAuctionas specifiedintheAuctionCatalogue.

Bid: ThepriceofferedbyaBiddertopurchaseaparticularProperty offeredforsaleatanAuction.

Bidder:Aperson making a Bid for the purchase of one or more Property(ies)offeredforsaleatanAuctioninaccordancewiththe termsandconditionssetoutintheConditionsofSaleandsuch personshallbedeemedtohaveenteredintoallapplicablecontracts underthegoverninglaw.

Buyer: TheBiddermakingthe WinningBidwithrespecttoa Property(ies), whohastherebyagreedtopay/haspaidtheSalePrice payablewith respecttosuchProperty(ies).

ClosingDate: Thedatespecifiedinthe AuctionClosingSchedule onwhichtheAuctioncloses.

ClosingTime: ThetimeatwhichtheAuctionforanyoftheLot GroupslistedintheAuctionClosingSchedulecloses.

ConditionsofSale: TheConditions, whicharepublishedinanyof the AuctionCataloguesandareapplicableto everyBidand everysale ofPropertymadethroughan Auction. Incaseofaconflictbetween theConditionspublishedintheOnlineAuctionCatalogueandinthe Print AuctionCatalogueoreCatalogue, theOnline Auction

Catalogue version, asmodified by Artianafromtimetotime, shall takeprecedence.

Cultural Artifacts: Antiquitiesanditemsofhistoricalinterestor significancedesignatedasCulturalProperty.

Description: AllthedetailsofaPropertyassetoutinthe Auction Catalogueandmayinclude, withoutlimitation, thenameoftheartist, designerormanufacturer, thetitleoftheProperty, andthefollowing additionaldetails.

• ForArtworks: Thesignatureoftheartist/dateoftheProperty(if any), thesurface, medium, editionnumber(whereverapplicable) anddimensionsoftheProperty.

• ForPreciousObjects: Anyotherfeaturesorcharacteristicsofthe PropertymentionedintheAuctionCatalogue.

eCatalogue: Anelectronic reproductionofthePrint Auction Cataloguethatmaybemade availableonthe Websiteforcertain auctions.

LotGroups:TheProperties groupedtogetherforAuctionthatwill closeataparticulartime.

MobileApplication: ReferstoArtiana’sproprietarymobileauction application, asupdatedfromtimetotime, and availablefordownload fromtheAppleAppStoreorGooglePlay, forthepurposeofviewing the AuctionCatalogue, placingBids, viewing Auction results, accessingotherinformation relatedto Artianaorthe Auction, and receivingpushnotificationsonamobiledevice.

MobileAppAuctionCatalogue: ThescreenswithintheMobile Application relatingtothe Auction, asmaybeamendedfromtime totime.

Notices: Informationincludedinthe AuctionCatalogue by Artiana -whetherinprintoronlineorontheMobileApplication-to correcterrorsandomissionsintheAuctionCatalogue Although theseareprovidedfortheBidders’ convenience, theOnline Auction Catalogue, asmodified by Artianafromtimetotime, shalltake precedenceinallcasesofdiscrepancy.

OnlineAuctionCatalogue: Thewebpagesonthe Websiterelating tothe Auction, asmaybeamendedfromtimetotimeincluding web pagesaccessibleviathelink “AuctionCatalogue” (includingallpages providingdetails relatedtotheProperty(ies)), as wellasadditional pagescontainingdetailsoftheAuctionaccessibleviathelink“About theAuction.”

PreciousObjects: Jewellery, watches, loosepreciousstonesandany otherobjectsofferedforsalewithinthecontextofanAuction. Print AuctionCatalogue: Theprinted versionofthe Auction Catalogue.

Property/Lot: TheArtworks, PreciousObjects, andanyotheritems offered by Artianaforsale, eitherindividuallyorcollectively(asa singleunit), throughthe Auction.

ProxyBid: ReferstoanyProxy/MaximumBidplaced bya buyer onthe WebsiteauthorisingtheauctionsoftwaretoautomaticallyBid onhisbehalf, untilsuchMaximumamountis reached.

ReservePrice:Theminimumprice, asdetermined by Artianaand theSeller, acceptableforthesaleofthePropertythroughan Auction. Seller: ThepartyconsigningthePropertytoArtianaasitsagentfor salethroughAuction.

TechnicalDowntime: ThetimeperiodduringwhichtheArtiana Serverorthe Websiteisnotoperationalduetoamalfunctionor plannedmaintenance.

TermsofBusiness: Thetermsofbusinessexecutedbetween ArtianaandtheSellerincludingbutnotlimitedtotheconsignment agreement.

Website: ThecollectionofHTMLand/orinternetdataandmedia locatedattheURLwww.artiana.comand/oranyotherURLlinked tothe Website.

WinningBid/SalePrice: ThehighestBidofferedwithrespecttoa PropertyattheClosing Time, wherethe WinningBidshalleitherbe higherthanorequaltotheReservePrice.

WinningBidder: TheBidderwhohasplacedthe WinningBid.

WrittenBid: Referstoany Written/AbsenteeBidrecordedwith Artianauponsubmissionofthecompleted Written/AbsenteeBids formatleast12hoursbeforethefirstClosing Time.

Byparticipatinginthis Auction, youacknowledgethat youarebound bytheConditionsofSaleaslistedbelowandonthe Website.

2.1.Artiana’s roleastheagentoftheSeller:Artianaundertakestosell thePropertiesthroughAuctionastheagentforandonbehalfof theSeller.

2.2. MakingaBidconstitutesanirrevocableoffertopurchasethe Property, andtheacceptanceofaBidasthe WinningBidbyArtiana shall resultinanenforceablecontractofsalebetween Artiana, acting solelyastheagentoftheSeller, andthe WinningBidder.

2.3. Artianaisauthorised bytheSellertoexerciseitscomplete discretionin:

•determiningtheformandcontentoftheDescriptionsinthe AuctionCatalogue, •grantingBiddingaccesstoaBidder, • recording, rejectingoracceptingBids, and •decidingwhichBidconstitutesthe WinningBid, ifany.

(BiddingaccessshallbegivenatArtiana’sdiscretionandArtianamay setlimitsonthetotalvalueofallBidsmadeand/orthenumberof Bidsthatmaybemade byaBidder Artianamayalso requirepayment guaranteesand/ordepositsasaconditionprecedenttogivingBidding accesstoaBidder Bidderswillbeinformedofthelimitsonthetotal Bid valueand/orthenumberofBidsthattheymaymake, ifany, and willnotbeallowedtoBidfurtherifeitherofsuchBiddinglimithas beenexhausted. Bidupdatesandtimeextensions, ifany, shallbe updatedonthe WebsiteandMobile Application. Onboththe Website andtheMobile App, Biddersmay refreshtheirBiddingpages by clickingonthe “RefreshNow” iconorthe re-load/refreshbuttons ontheirbrowsers, whereapplicable Artianashall evaluatetheBid historiesofspecificLotGroupsperiodicallytopreservetheefficacyof the Auctionprocess Thisexercisemaybeconducted by Artiana internallyorthroughthirdpartiessolelyatthediscretionofArtiana.)

FortheconvenienceofBidders, particularlythosewhoareplacing BidsonmorethanoneLot, LotGroupsarescheduledtocloseat 30-minutetimeintervalsduringtheAuction.

TheBiddingforvariousLotGroupsshallbeclosedinaccordance withthe AuctionClosingSchedule However, inthe eventthat Artiana recordsanyBiddingactivityinthe5minutespriortothe

closingofaLot, theClosing TimeforsuchaLotshallbeextended by 5minutesfromitsoriginallyscheduledClosing Time TheClosing Timeshallcontinuetobeextendedin5-minuteincrementsforany subsequentBiddingreceivedinthe5minutespriortotheclosingof suchLot. Inthe eventthattheClosing Timeisextendedin accordancewiththisClause, biddingontheLotshallonlyendifno Biddingactivityis recorded by Artianaduringthelast5minutesof extendedtime Biddersareadvisedtoclickonthe“RefreshNow” icononthe WebsitepageorintheMobileApplicationatregular intervalsinaccordancewiththeprovisionsofClause2.5forupdates onlatestBidsandtimeextensionsifany.

2.5. TrackingBids

The Websiteshallcontainalinktitled ‘LotsIBidOn’ withinthepage ‘Current Auction’ andtheBiddermayclickonthislinktoaccess informationonallBidsmadeon variousLots. Foreaseoftracking Bids, BiddersareadvisedtoassignBiddingnicknamestothemselves. The WebsiteandMobileApplicationshallcontain:

•TheBidhistoryforeachLot, beingthelast5Bidamountsthat havebeen recordeduntilandincludingthecurrenthighestBid; and •Acountdownclockindicatingtheamountoftime availablefor placingBidsbeforetheClosing Time.

TheBidhistory, currentBid, andcountdownclockshallbeaccurate atthetimeofdownloadingofthose values, providedthatsuch informationhasnotchangedduringthetimetakenforthis informationtoreachtheBidder’scomputerormobiledevicefrom the ArtianaServer ThemostupdatedBid valuesshallbeshownonly whenthe WebsitepageortheMobileApplicationpagecontaining theinformationonBid valuesis refreshed; whichshallhappeneither automaticallyatregularintervals(Every5minutespriortoonehour beforetheclosingtimeofthefirstLot/LotGroupandevery 1minutewithinthelasthouroftheclosingtimeofthefirstLot/Lot Groupandshallcontinuerefreshing everyminutetillthecloseofthe lastLot/LotGroup)orwhenaBidderclicksonthe‘RefreshNow’ icononthe WebsitepageorintheMobileApplicationpage. Whenthecountdownclockcountsdowntozero, inthecasewhere theClosing TimewithrespecttoaparticularLothasbeenextended byafurther5minutespursuanttoClause2.4above, thecountdown clockmaynot reflectsuchextension Assuch, theBiddermay wait forthe valuesonthepageto refreshautomaticallyonthe Website, or clickonthe ‘RefreshNow’ linkonthepageorintheMobile ApplicationtodeterminewhethertheClosing Timehasbeen extendedforthatLot.

ThecountdownclockcombinedwiththecurrenthighestBidas shownintheBidhistoryonthe Websiteshallonlybeanindicationof thehighestBidamountatthetimewhenthevaluesonthe Website orMobileApplicationwererefreshedinthemannersetoutinClause 2.5above Shouldbidders wantmorefrequentupdates, theyare advisedto refresh valuesasdescribedinClause2.5inordertoview themostupdatedBidhistoryandcountdownclock.

Duetothenatureofinternetand/ormobiletraffic, theremaybean unpredictabletimelagbetweenaBidderplacingaBid, andthatBid being received by Artiana Therefore, althoughaBiddermayhave placedhis/herBidpriortoClosing Time,ArtianamayreceivetheBid aftertheClosing TimefortheLotwithrespecttowhichtheBidhas beenplacedandshall, insuchan event, be rejected. Inorderto preventBidsbeing rejectedinsuchamanner, BiddersmaysetProxy Bids/MaximumBidsforLotsonwhichtheywishtoBid.

2.4. Closing Times

Written/AbsenteeBidsmayberecordedwithArtiana12hoursprior tothefirstClosing Time, subjecttotheotherprovisionsofthese ConditionsofSale, includinganylimitsimposed by Artianaonthe numberofBidsthatmightbeplacedbyaBidder.

2.6. Biddersareadvisedto keeptheir ArtianaIDandpasswordsecure atalltimes ArtianawillholdtheBidderresponsibleforallBidsplaced usingtheir ArtianaIDandpassword, whetherviathe Websiteora mobiledevice BiddersusingtheMobileBidding Applicationare advisedto keeptheirmobiledevicessecureandsetpasswordsfor themtopreventunauthoriseduse.

2.7 ArtianareservestherighttowithdrawanyPropertybefore, duringorafterthe Auction, ifithas reasontobelievethatthe authenticityofthePropertyortheaccuracyoftheDescriptionis indoubt, orifthereisabreachofthe TermsofBusiness, orinthe caseoferrorordispute, orif Artianaotherwisebelieves, atitssole discretion, thatit wouldbeimpropertoincludethePropertyinthe Auction, andcanduringoraftertheAuctioncontinuethebidding, determinethesuccessfulBidder, cancelthesaleoftheLot, or re-offer andresellanyLot.

2.8. AllProperty(ies)shallbesoldsubjecttotheReservePrice Ifthe WinningBidisbelowtheReservePrice, thePropertyshallbe consideredunsoldexceptinsuchcasewherethe WinningBidisa ProxyBidandthemaximumlimitontheProxyBideithermatches orishigherthantheReservePrice InsuchcasestheProperty(ies) shallbesoldatReservePricetotheProxyBidder TheReservePrice oneachPropertyshallbeconfidentialand Artianashallhaveno obligationtodisclosethesametoanyBidder.

2.9. ArtianawillinvoicetheBuyerfortheSalePrice(Winning Bid)andanyadditionalchargesthatmaybeincurred by Artiana areapplicableonthesale, includingshippingandhandlingof theProperty 5% VATwillbechargedon Artiana’sinvoiceandis applicableonanyandallpurchasesfromwithinthe UAE.

2.10. ThetitletothePropertiespurchasedinanAuctionshallpass totheBuyerattheClosing Timesubjecttotheconditionsinclause

2.7forthosePropertieswhereaBuyerholdsthe WinningBidand saidBuyerassumesfullriskandresponsibilitiesfortheProperties thereafter Propertiespurchasedwillnotbe releasedorshippedout totheBuyerorhisrepresentativeuntiltheBuyerhasfulfilledhis paymentandotherobligationsasdescribedintheseConditions ofSale ArtianamayexercisealienonthePropertiesunderthe conditionsdescribedinClause2.17.

2.11. BiddingIncrementswillbecalculatedasshownintheBidding Incrementtablebelow.

dateofeitherreceivingthefundsfromtheBuyerorremittingthe fundstotheSeller Inthecaseofpaymentsforpurchasesbeingmade in UAEDirhams(AED), astandardconversionrateof1USD=3.675 AEDwillapply.

2.13. AllBiddersare requiredtoprovidecompleteandaccurate invoicingdetailstoArtianaatthetimeofregistrationforthe Auction Invoicingdetails, once registered, willnotbechanged The Biddershallbeinvoicedbasedondetailsprovidedatthetimeof registeringforthe Auction. ForanyandalltransactionsfromRestof Worldexceptthe UAEinvoicingand/orpaymentsareprocessed by ArtianaLimited, acompanydulyincorporatedundertheRAKICC BusinessCompaniesRegulations2016bearingregisterednumber IC20120900; andforanyandalltransactionsfromwithinthe UAE invoicingand/orpaymentsareprocessed by ArtianaLimited, a companydulyincorporatedundertheDubaiInternationalFinancial Centrebearingregisterednumber2249.

2.14. The WinningBiddershallpaytheSalePriceinfull(including anyadditionalchargesand VAT, ifapplicable)withinseven business daysfromtheClosingDate NoshipmentordeliveryoftheProperty willbemadetothe WinningBidderiftheSalePrice, andanyother additionalchargesthatmaybepayable bytheBuyer, arenot received byArtianaanduntilallproperdocumentationinconnectionwith thesaleofthePropertyhasbeencompleted. Paymentswillnotbe acceptedfromanypartiesotherthanthe WinningBidderasrecorded ontheinvoice.

2.15. Nonpayment

The WinningBiddershallensurethatinvoicesprovided by Artiana arepaidinfullandallremittanceofamountsdueundersaidinvoice ismadewithinseven businessdaysfromthedateoftheinvoice Inthe casethatpaymentsarenot receivedwithinsuchperiod, itshallbe treatedasabreachofcontractofsale bytheBuyerand, insuchan event,Artianaisauthorisedatitssolediscretiontocancelthesale uponexpiryofthisstipulatedperiodofsevenbusinessdayswithout beingobligedtoinformtheBuyerofthesame, andtheSeller authorisesArtianatotakeanysteps(includingreportingthelate payments, missedpayments, orotherdefaultsontheaccounttoany credit bureauandtheinstitutionoflegalproceedings), asdeemed appropriate, toenforcethefulloranydifferentialpaymentdue bythe Buyer Inaddition, theBuyerwillbechargeddemurrage@2%ofthe totalvalue(WinningBid)permonthuntilthedateofactualpayment.

2.16. Failuretocollect

IftheBuyerinformsArtianathathewishestocollectthe Property(ies)fromArtianainpersonandsuchProperty(ies)isnot collectedbytheBuyerwithin15daysfromtheauctionclosingdate, ArtianashallarrangeforstorageoftheProperty(ies)attheBuyer’s expense, andshallonly releasetheProperty(ies)afterpaymenthas beenmade, infull, includingdemurrage@2%ofthetotal value (WinningBidplusanyotheradditionalcharges, ifapplicable)per monthforallpaymentsdueandthechargesforstorageofthe Property(ies), ifany.

2.17 ArtianashallbeentitledtoexercisealienontheProperty(ies) forpaymentofanysums receivablefromtheBuyer, includingtheSale Priceandcostsrelatingtostorageandinsurancewheretheyaretobe borne bytheBuyer, in relationtoanyProperty(ies)purchased by theBuyer.

2.12.

foranytransactioninothercurrencies, theexchangeratewillbe calculatedasperthesheetrateofthebankspecified by Artianaonthe

The AuctionisconductedinUnitedStatesDollars(USD)and,

2.18. Artiana reservesthe righttonot awardthe WinningBidtothe highestBidderattheClosingDateifitdeemsitnecessarytodoso.

2.19. TheBuyeracknowledgesthat Artianawillabide byanyexport restrictionsthatmayapplyinthecountriesfromwherespecific Property(ies)willbeshipped TheBuyershallalsoberesponsibleto ensurethattheProperty(ies)isfreelyimportableintothecountry wheresuchProperty(ies)isintendedfordelivery(asspecifiedbythe Buyer). Inthe eventtheBuyeror Artianabecome awareofany restrictionstosuchimportsubsequenttothecompletionofthe Auction, theBuyermayprovideanalternatedeliverydestinationto Artiana (SuchrestrictionsonimportofanyProperty/Lotpurchased byaBuyershallnotqualifyas groundsfortheBuyertocancelsuch saleunderanycircumstances) Allcostsassociatedwiththeprocessof deliveryandstorage(whenrequired)oftheProperty(ies)shallbe bornebytheBuyer TheProperty(ies)shallbehandedovertothe Buyer, orhisnominee, onlyuponfullpaymentofallsuchcosts.

2.20. Artianahasthe righttoexercise reasonablediscretioninsetting BidincrementsasperClause2.11orotherwise, refusinganyBid, advancingtheBidding, withdrawingordividinganyLot, combining twoormoreLots; andinthecaseoferrorordispute, duringorafter thesale, determiningthesuccessfulBidder, continuingtheBidding, cancellingthesaleor reofferingand resellingtheitemindispute If anydisputearisesafterthesale, then, intheabsenceofany evidencetothecontrary, thesalerecordmaintainedbyArtiana willbeconclusive.

2.21 WrittenBidsareacceptedfromBiddersoncetheyhavebeen givenBiddingaccessfortheAuction Theseareenteredasonline directorProxyBids by Artiana, andmaynotbestoppedoraltered by theBidderoncetheAuctionhascommenced WrittenBidsare accepteduntiltwelvehourspriortothe firstClosing Time.

2.22. ArtianaemployeesmaynotBidinthe Auctiononcethe Auctionhasstarted Theymayhoweversubmit a WrittenBidforan amountthatmaybeequaltoorabovethelowerestimateofaLot beforethe AuctioncommencesandhaveaProxyBidplacedontheir behalf Oncethe Auctionhasbegun, theymayonlyincreasetheir ProxyBid.

2.23. ArtianaemployeesmayBidincharityauctionsthatareheldon theArtianaAuctionplatform.

2.24. SellersarenotallowedtoBidontheparticularLot(s)they haveconsigned.

2.25. ArtianadoesnotplaceorallowanyBidstobeplacedonbehalf oftheSeller AlloftheBids recordedat Artianaarefrom registered Bidders.

2.26. OnceaBidis registeredinoursystem, whetherplaced byan activeBidderor byProxy, itisimmediatelyandautomatically displayedforall registereduserstosee.

2.27. TechnicalDowntime

Intheunlikelyeventthatthe WebsiteisinaccessibletoBidders worldwidedueto TechnicalDowntimewithinthehalfhourpriorto thescheduledClosing TimeforanyoftheLotGroups, theClosing TimeofthatLotgroupandsubsequentLotGroupswillbeextended bythedurationofthe TechnicalDowntime Incasethe Technical DowntimeextendsbeyondtheClosing TimeforaparticularLot Group, the Websiteshall, afterthe TechnicalDowntime, showthe AuctionfortheparticularLotGroupasclosed. However, theClosing TimeforsuchLotGroupandsubsequentLotGroupsshallbe extendedbythedurationofthe TechnicalDowntimeandappropriate detailsoftheextensionshallbepublishedonthe Websiteshortlyafter recoveryfromthe TechnicalDowntime Notethatanymalfunctionin

theMobile Applicationdoesnotconstitute TechnicalDowntime In the eventofsuchmalfunction, Biddersshouldusethe Websiteto placeBids.

2.28. Bids recordedpriortoany TechnicalDowntimewillbetreated asvalidaccordingtotheConditionsofSale Artianashallnotbeliable foranylossofinformationduetothe TechnicalDowntime Thedata logsoftheArtianaServerwilldeterminethedurationofthe TechnicalDowntimeandanydeterminationmade by Artianain respectofextensionoftheClosing Timeshallbe final.

3.1. ArtianaoffersallProperty(ies)forsaleatthe Auction “asis”, whichmeansthattheProperty(ies)aresoldwithallexisting faultsand imperfections. Measurementsare givenasHeight x WidthxDepthin decimalinches(rationalizedtotheclosest0.25, 0.5, 0.75)andin decimalcentimetres ArtianaencouragesallpotentialBuyersto inspecteachitemcarefullybeforeBidding.

3.2 Anystatements made by Artiana about any Property(ies), whetherorallyorinwritingconcerningattributionto, forexample, anyschoolofartorcraftsmanship, countryororigin, historyor provenance, areonlyexpressionsof Artiana’s ownopinionorbelief. Suchopinionsorbeliefsincludingtheestimatevaluesofthe propertieshavebeenformedhonestlyinaccordancewiththe standardofcareexpectedofanauctionhouse However,Artianadoes notinanyway representthatithascarriedoutexhaustive research oranalysis, anditistherefore recommended, especiallyincasesof Property(ies)ofhigh value, thatpotentialBuyersseekadviceonsuch mattersfromtheirownprofessionaladvisors.

3.3 TheBuyerundertakes:

•toinspectandsatisfyhimselfpriortotheAuctionastothe conditionanddescriptionoftheProperty(ies);

•torelyonhisownjudgmentastowhethertheProperty(ies) matchesitsdescription; and

•tonotrelyonanillustrationofanyProperty(ies)giveninthe Catalogue

3.4. Neither Artiananoranyofitsaffiliates, agents, representatives, employeesordirectorsshallbeliableforerrorsoromissionsinanyof therepresentationsmadeintheAuctionCatalogueorotherwisewith respecttoauthenticity, description, orconditionofanyProperty(ies) forsalethroughtheAuction.

4.1. ArtianaprovidesanassuranceonbehalfoftheSellerthateach artworkofferedatauction, isagenuineworkoftheartistlisted. Artianaguaranteestheauthenticityofsuchartworkforaperiodof sixmonthsfromtheauctionclosingdate Authenticityinrelationto artworksshallmeancomplianceoftheartworkwiththedescription providedonthe website, particularlywith referencetothename oftheartist, title(ifany)oftheartwork, date, theschoolofart (ifmentioned), dimensions, medium, etc.

Intheunlikely eventthatwithinsixmonthsfromthecloseofan auction, itisproved bytheBuyer, tothe reasonablesatisfactionof Artiana, thattheitem wasnotauthenticandif, inArtiana’sopinion, thiswouldhavesignificantlyimpactedthe WinningBidfortheitem, Artianashallbeentitledto rescindthesale Insuchan event, the SellerwillbeliabletorefundthepaymentfortheitemtotheBuyer,

through Artiana.Theitem inquestion willsubsequently be returned totheSeller.

Allsuchclaimswillbehandledonacase-by-casebasis, andinthe caseofanauthenticityclaimin relationtoanartwork, examinable proof, clearlydemonstratingthattheitemisnotauthentic, willbe required. Suchexaminableproofshouldbeprovided byanestablished andacknowledgedauthority Artiana’sdecision, with regardstosuch claims, shallbefinalandbinding.

4.2 Theaboveguarantee giveninclause4.1shallbesubjecttothe followingconditions:

•TheclaimismadebytheBuyerasregisteredwithArtiana(the benefitoftheclaimisnotassignabletoanysubsequentownersor otherswhomayacquireorhaveaninterestinanyoftheProperties)

•ThePropertyisreturnedinthesameconditionthatit wasinatthe timeofdeliveryofthePropertytotheBuyer

•TheProperty wasindisputablypurchasedthroughArtiana

4.3. InthecaseofPropertieswhichhavebeencategorised by Artiana asPreciousObjects,Artianaprovidesanassurance, onbehalfofthe Seller, thateachpieceshallcomplywithcharacteristicsorfeatures mentionedintheDescriptionofthePropertyintheAuction CatalogueforaslongasthePropertyisinthepossessionofArtiana. Allcoloredstonesunlesscertifiedmayormaynotbetreatedfor enhancements. ItisthereforeadvisableforBuyersorpotentialBuyers ofsuchProperties, toinspectthePropertypriortoBiddingorprior toshipmentorBuyerpickupfromArtiana.

Intheunlikely eventthatduringsuchinspection, theBuyerisableto provetothe reasonablesatisfactionof ArtianathatthePropertydoes notmatchthedetailsintheDescription, andif, in Artiana’sopinion, Biddersbeing awareofsucherrororomission wouldhaveBid significantlylessthantheactualSalePrice,Artianashallbeentitledto rescindthesaleandtheSellerwillbeliableto refundtotheBuyerthe SalePricepaidfortheProperty; and Artianashallhand overthe PropertytotheSelleruponrefundoftheSalePricepaidtohimfor theProperty Once Artianaobtainsthe refundedamountfromthe Seller, itshallforwardthesametotheBuyer Thisguaranteewillnot beapplicablewherethePropertyisbeingshippedtotheBuyer byArtiana.

4.4. InthecaseofPropertiessuchasantiquitiesoritemsofhistorical interestwhichhavebeencategorisedbyArtianaasCulturalArtifacts, Artianaprovidesanassurance, onbehalfoftheSeller, thateachobject ofantiquarianorhistoricalinterestorsignificancehasbeenacquired withoutviolatinganylocalorinternationallaws.

Intheunlikely eventthatitisprovedthattheacquisition, provenance and/or ownershipofsuchCultural Artifactsofferedatour Auction issubjecttoalegaldispute, theBuyershall keep Artianaindemnified fromanysuchlegalproceedings.

4.5. Inallcases Artiana retainsthe righttoconsultwith, atthe expenseoftheBuyer, uptotworecognizedexpertsinthefield (suchexpertsbeingmutuallyacceptabletoArtianaandtheBuyer), toexaminethePropertyunderquestionbeforedecidingtorescind thesaleandoffertherefundundertheaboveguarantee Theopinion oftheexpertsshallnotbebindingon Artiana.

4.6. IntheeventoftheSeller’sfailuretorefundtheproceedsasstated inthisclause, theBuyershall returnthePropertyto Artianaand authoriseArtianaasitsagenttoinitiatelegalproceedingsagainstthe Seller Anysuchstepstakenorlegalproceedingsinstituted by Artiana, againsttheSeller, shallbeatthecostoftheBuyerandArtiana’s liabilityshallbelimitedasperClause5.1.

5.1. Artianahasanobligationto refundtheSalePricetotheBuyer onlyuponrecoveryofsuchamountsfromtheSellerandinthe circumstancesdescribedinClause4above(AuthenticityGuarantee). TheBuyerindemnifiesArtianafromanynon-recoveryofsuch amountsandagreesthattheyshallnotholdArtianaresponsiblein casesuchamountsarenot recoverablefromtheSeller Artiana providesinsurancecoverageonsoldLotsforsevendaysafterthe Closing Timeoftheauction Afterthatperiod, oronceaLothasbeen collected(whicheverisearlier), theLotwillbeentirelyatthebuyer’s risk. Damages, lossesorlossin valueofanyartworks(including frames)incurredduringshippingandtransitarenotcoveredasper theinsurancepolicytaken by Artiana. IncasetheBuyeroptsfor transitinsurancecoveragearrangedforbyArtianabyanyoftheir insuranceproviders,Artianashallnotentertainanydirectclaimsfor damageorlossduringshippingandtransitandthese wouldhaveto bedirectedtosuchinsuranceproviders; Subjecttotheauthenticity guaranteeabove, neither Artiana’ssuppliersnor Artiana, noranyof Artiana’semployeesoragents, shallbe responsible, eitherforthe correctnessofanystatementsastotheauthorship, origin, date, age, attributesorgenuinenessofanyPropertyinthesale, orforany mistakesintheDescription, orforanyfaultsordefectsinthe Properties, orforanyotheractoromission, whatsoever Artianaoffers noguaranteeorwarrantyotherthanthelimitedassurancecontained intheauthenticityguaranteeabove.

5.2. Itisstatedandagreedthatthe rescissionofthesaleandthe refundofthetotalSalePricepaid bytheBuyeristhesole remedy thatmaybesought byaBuyer, andsuch remedyisexclusiveandin lieuofanyother remedywhichmayotherwisebe availableunderlaw. Artianashallnotbeliableforanyincidentalorconsequentialdamages incurredorclaimed.

AllcontentofthePrint AuctionCatalogue, eCatalogueandonthe WebsiteandMobileApplicationarecopyrightprotectedinfavourof Artiana Alltrademarks, names, brandnames, etc usedinthePrint AuctionCatalogueandonthe WebsiteandMobileApplicationare trademarksofArtiana Anyrightsnotexpressly grantedhereinare reserved. Noimage, illustrationorwrittenmaterialmaybeusedor requiredwithoutthepriorwrittenpermissionofArtiana Artianaand theSeller(s)makeno representationor warrantythattheBuyerofa Propertywillacquireanycopyrightorother reproduction rightsinit.

7.1. Artianamay validlyservetheBidder/Buyerwithlegalnotice, if required, undertheseConditionsofSale by:

•SendinganemailtotheemailaddressdisclosedbytheBidder/ Buyerto Artiana; or

•SendingacouriertotheaddressdisclosedbytheBidder/Buyer toArtiana.

7.2. Suchlegalnoticeshallbedeemedtohavebeenproperlyserved:

•Inthecaseofemailtransmission-onthedateofthetransmission; or

•Incaseoftransmissionbycourier-2businessdaysafterthe dispatchofthenoticebycourier.

7.3 ThenoticesandcontractlanguageshallbeEnglish.

7.4. Artianaisatalltimesentitledtoinvolvethirdpartiesforensuring theBuyer’scomplianceandperformanceaspertheseConditionsof Sale, andtheBuyerhereby grantshisconsentinthis regard.

7.5. Inthe eventofanydisputearisingoutoforinconnectionwith theseConditionsofSaleorrelatedtheretoinanymannerwhatsoever, thepartiesshallfirstseeksettlementofthatdisputebymediationin accordancewiththeMediationRulesoftheDIFC-LCIAArbitration Centre, whichRulesaredeemedtobeincorporated by referenceinto thisclause TheBuyerirrevocablysubmitstothejurisdictionofthe DubaiInternationalFinancialCentre(“DIFC”)Courtsandwaives anyobjectionitmayhavetoreferthedisputesarisingoutoforin connectionwiththeseConditionsofSaletotheDIFC-LCIA ArbitrationCentreonthegroundsthatitisaninconvenientforum (forumnonconveniens). Ifthedisputeisnotsettled bymediation within60daysofthecommencementofthemediation, orsuch furtherperiodasthepartiesshallagreeinwriting, thentheparties agreetoreferand resolvethedisputebyarbitrationinaccordance withClause9.

IfanypartoftheConditionsofSalebetweentheBuyerandArtiana isfoundlegallyinvalid, illegalorunenforceable, thatpartmaybe discountedandthe restoftheconditionswill remainenforceableto thefullestextentpermissible bylaw Insuchcases, theBuyerand Artianaundertaketoreplacethewhollyorpartlylegallyinvalid, illegalorunenforceableprovisionwithonewhichislegally valid, legal orenforceableandwhoseeconomicpurposemostcloselyreflectsthat ofthelegallyinvalid, illegalorunenforceableprovision.

Ifthedisputeisnotsettled bymediationinaccordancewithClause 7.5thenthedisputeshallbe referredtoand finally resolved by arbitrationundertheArbitrationRulesoftheDIFC-LCIA ArbitrationCentre, whichRulesaredeemedtobeincorporated by referenceintothisclause Inanyarbitrationcommencedpursuantto thisclause, (i)thenumberofarbitratorsshallbeone; and(ii)theseat, orlegalplace, ofarbitrationshallbetheDIFC Thelanguagetobe usedinthearbitrationshallbeEnglish Thegoverninglawofthe contractshallbethesubstantivelawofEnglandand Wales.

CONDITIONS OF FIXED PRICE SALE

FixedPriceSale:A PrivateSaleorSellingExhibitionof Property(ies)/Lot(s)tobeconductedbyArtianaonwww.artiana.com oranyotherwebsite.

FixedPrice: The fixedsalepriceofthePropertyofferedfor immediatesalebyArtianainPrivateSaleoranyFixedPriceSale.

PrivateSale: AFixedPriceSaleofProperty(ies)/Lot(s)conducted byArtianaoutsideofauctionconfidentiallyoronwww.artiana.com oranyotherwebsite.

SellingExhibition:A FixedPriceSaleofProperty(ies)/Lot(s)tobe conductedbyArtianaonwww.artiana.comoranyotherwebsiteon thedateindicatedintheExhibitionCatalogue.

ViewingRoom: Thewebpagesonthe WebsiterelatingtoPrivate Sale, asmaybeamendedfromtimetotimeincludingwebpages accessibleviathelink“ViewingRooms” (includingallpages providingdetailsrelatedtotheProperty(ies)), aswellasadditional pagescontainingdetailsoftheViewingRoomaccessibleviathelink “PrivateSales.”

ByparticipatinginthisFixedPriceSale, youacknowledgethatyouare boundbytheConditionsofFixedPriceSaleasclarifiedbelowand listedaboveintheConditionsofSaleandonthe Website.

2.1 If aFixedPriceSalefunctionalityisofferedonanyofthe PropertypermittingtheBuyertopurchasesuchaPropertyatthe FixedPricedisplayedonthe Website, orascommunicatedtothe BuyerinresponsetotheirenquiryforthatProperty, theabovelisted ConditionsofSalewillapplytothesaleinthesamemannerasifthe Buyerhadbeenthe WinningBidderinanauctionforthatProperty.

2.2 Our ConditionsofFixedPriceSaleareapplicableonallour PrivateSaletransactions, includingPropertyofferedinanyofour ViewingRoomorSellingExhibition, andbindingonallparticipants thereof.

ARTIANA GUARANTEE

Allartworksofferedforsale by Artianaareauthentictothebestof Artiana’sknowledge.

Artianaprovidesthefollowingassuranceto buyersonbehalfofthesellerwhomaybeacollector, dealer, retailerorgallery, thateachartwork offeredforsaleonthesiteisagenuine workoftheartistlisted.

Artianaguaranteestheauthenticityoftheartworkforaperiodofsixmonthsfromtheauctionclosingdate Authenticityin relationtoartworks shallmeancomplianceoftheartworkwiththedescriptionprovidedonthe website, particularlywith referencetothenameoftheartist, title(if any)oftheartworkitself, date, theschoolofart(ifmentioned), dimensions, mediumetc.

Intheunlikely eventthatwithinsixmonthsfromthecloseofanauction, itisproved bythe buyertothe reasonablesatisfactionof Artianathatthe item wasnotauthenticandif, in Artiana’sopinion, this wouldhavesignificantlyimpactedthepricea buyer wouldhavebeenwillingtopayforthe item,Artianashallbeentitledto rescindthesale, andthesellerwillbeliableto refundtothe buyerthepricepaidfortheitem. Oncethe buyer returnstheitemto Artianaitshallbehanded overtotheseller by Artiana.

Allsuchclaimswillbehandledonacase-by-casebasis, andinthecaseofanauthenticityclaimin relationtoanartwork, suchclaimwill require thatexaminableproof, whichclearlydemonstratesthattheitemisnotauthentic, isprovided byanestablishedandacknowledgedauthority The decisionofArtianainrespectofsuchclaimsshallbe finalandbinding.

Thisguaranteeshallbesubjecttothefollowingconditions:

1.Theclaimismade bythe buyeras registeredwith Artiana(thebenefitoftheclaimisnotassignabletoanysubsequent ownersorotherswho mayacquireorhaveaninterestinanyoftheitems).

2.ThePropertyis returnedinthesameconditionthatit wasinatthetimeofdeliveryoftheitemtothe buyer.

3.TheProperty wasindisputablypurchasedthrough Artiana.

Artiana retainsthe righttoconsultwith, attheexpenseofthe buyer, two recognisedexpertsinthefield, (suchexpertsbeing mutuallyacceptableto Artianaandthe buyer), toexaminetheitemunderquestionbeforedecidingto rescindthesaleandofferthe refundundertheaboveguarantee The opinionoftheexpertsshallnotbebindingonArtiana.

Inthe eventoftheseller’s failureto refundtheproceedsasstatedabove, the buyershall returntheitemto Artianaandauthorise Artianaasitsagent toinitiatelegalproceedingsagainsttheseller Anysuchstepstakenorlegalproceedingsinstituted by Artianaagainstthesellershallbeatthecostof thebuyer.

COLLECTION AND STORAGE

Lotswillonlybereleasedfromourviewing galleryorartstoragefacilityuponpresenting adeliveryorderissued by Artiana. Lotswill notbereleaseduntilalloutstandingcharges duetoArtianaaresettled

PleasenotethatLotsinourart storagefacilitycanbecollected onlybypriorappointmentfrom Artiana, P2-22B, Park Towers, DIFC, Dubai, UAE

ARTIANA

HelpDesk:

T: +971558153030

E: info@artiana.com

OfficeHours: 10.30am-6.30pm

ImportantInformation

•AllLotswill bestoredfreeofchargefor15days fromtheauctionclosingdateeitheratArtiana’sviewinggalleryoratourart storagefacility.

•After15daysfromtheclosingdateoftheauction, LotsshallbesubjecttoadailystoragechargeofUSD4perLotplusanadministrativefeeof USD50payabletoArtiana.

•AssetoutintheConditionsofSale, riskand responsibility forthesoldLots(includingframesorglasswhere relevant)passestotheBuyerat the AuctionClosing Time ArtianaprovidesinsurancecoverageforsoldLotsforsevendaysaftertheauction. Buyersare remindedthatitistheir responsibilitytoarrangeadequateinsuranceforpurchasedLotsthereafter.

•Lotssoldatauctionmaybesubjecttoimport restrictions/taxesofforeigncountries. Itisthe buyer’ssole responsibilitytoobtainany relevant importlicenseintothe buyer’s owncountryof residenceandsettleanytaxesanddestinationclearancechargesdue.

•Shipmentscanonlybemadeoncealloutstandingchargesdueto Artianaaresettledandfullpaymentofallshippingchargesis received bythe logisticsserviceprovider.

ARTIST PROFILES AND INDEX

BorninKolkata,SaktiBurmangraduatedfromtheGovernmentCollegeofArtsand Crafts,Kolkata,in1956andthenwentontostudyattheEcoleNationaleSuperieure desBeauxArtsinParis,where,in1956,hewonthePrixdesEtrangers.Someofthe mostrecentsoloshowsofhisworkincludearetrospectiveattheLalitKalaAkademi, NewDelhi,JehangirArtGallery,Mumbai,VictoriaMemorialHall,Kolkataand MaisondeI’Unesco,in2008.Burman’sworkshavealsobeenfeaturedatvariousother internationalgalleryexhibitions;includingattheRandPalais,Paris,in1975and1994; andattheFrenchBiennalesin1963,1965and1967.TheartistlivesandworksinParis.

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