Page 214 - Dimensions Defined

TERMS AND CONDITIONS OF SALE
TERMS AND CONDITIONS OF SALE TERMS AND CONDITIONS OF SALETERMS AND CONDITIONS OF SALE
C
4.6
Phone
that it remains with AstaGuru and is returned to the Bidder in case thet it remains with AstaGuru and is returned to the Bidder in case the
tha 4. 4. CONDUCTOFASTAGURUAUCTIONONDUCTOFASTAGURUAUCTION 4.6 PhoneBiddingBidding 5. 5. A AUTHENTICITYUTHENTICITY
Bidder
Bidder is unsuccessful in the auc�on, or if the value of the successfulis unsuccessful in the auc�on, or if the value of the successful a) a) Phone bidding is a free service offered as a convenience to allbidding is a free service offered as a convenience to all
Phone
5.1
4.1
AstaGuru assures on behalf of the source/owner of the Lot, thetaGuru assures on behalf of the source/owner of the Lot, the
The auc�on catalogue for an AstaGuru Auc�on shall be made availableauc�on catalogue for an AstaGuru Auc�on shall be made available
bid is less than the amount of Security Deposit, then the posi�veis less than the amount of Security Deposit, then the posi�ve 4.1 The Registered Bidders and “AstaGuru Auc�on House Pvt Ltd.” is notegistered Bidders and “AstaGuru Auc�on House Pvt Ltd.” is not 5.1 As
bid
R
1
1(one)weekbeforetheAuc�onDateforallprospec�vebiddersasmay(one)weekbeforetheAuc�onDateforallprospec�vebiddersasmay
authen�city of the Lot on its Website to the best of its knowledge and�city of the Lot on its Website to the best of its knowledge and
authen
differencebetweentheTotalPurchasePriceandtheSecurityDeposit.erencebetweentheTotalPurchasePriceandtheSecurityDeposit.
diff
r
be responsible for any error (human or otherwise), omission, oresponsible for any error (human or otherwise), omission, or abili�es. AstaGuru relies on the authen�city guarantees given by thees. AstaGuru relies on the authen�city guarantees given by the
abili�
be available in the AstaGuru database and who AstaGuru deems fit toavailable in the AstaGuru database and who AstaGuru deems fit to
2.6
2.6 AstaGuru reserves the right to: (i) request addi�onal informa�on fromtaGuru reserves the right to: (i) request addi�onal informa�on from r receive the catalogue. AstaGuru has the right to withdraw a Loteceive the catalogue. AstaGuru has the right to withdraw a Lot br source of the Lot and cannot be held liable for its accuracy. Buyers arece of the Lot and cannot be held liable for its accuracy. Buyers are
As
breakdowninprovidingthisservice.eakdowninprovidingthisservice.
sour
before, during or a�er the auc�on, if it has reason to believe that thefore, during or a�er the auc�on, if it has reason to believe that the
the prospec�ve bidder to verify the informa�on provided in theprospec�ve bidder to verify the informa�on provided in the
advised
the be b) b) Phone advised to conduct their independent verifica�on of the Lot for itsto conduct their independent verifica�on of the Lot for its
Phone Bids request must be made no later than 24 hours prior to theBids request must be made no later than 24 hours prior to the
r registra�on form; (ii) request any addi�onal bank references oregistra�on form; (ii) request any addi�onal bank references or authen�cityoftheLotoraccuracyofthedescrip�onisindoubt.�cityoftheLotoraccuracyofthedescrip�onisindoubt. authen�cityandcondi�on.�cityandcondi�on.
authen
authen
auc�
auc�on. AstaGuru will accept bids by telephone for lots only if any staffon. AstaGuru will accept bids by telephone for lots only if any staff
guaranteesfromtheprospec�vebidder.anteesfromtheprospec�vebidder.
guar
4.2 Bidding is available to take the bids. AstaGuru may record telephone bids at itsavailable to take the bids. AstaGuru may record telephone bids at its 5.2 The Buyer may, subject to condi�ons under Clause 5.3, raise a claimBuyer may, subject to condi�ons under Clause 5.3, raise a claim
BiddingProcessProcess
4.2
5.2
The
is
2.7
2.7 As a) a) Bid discre�on. By bidding on the telephone, the Registered Bidder ise�on. By bidding on the telephone, the Registered Bidder is challenging the authen�city of the Lot within 1 month from the datethe authen�city of the Lot within 1 month from the date
AstaGuru shall give bidding access to any prospec�ve bidder at itstaGuru shall give bidding access to any prospec�ve bidder at its
discr
challenging
Bid may be placed online by the Registered Bidders. AstaGuru shall notmay be placed online by the Registered Bidders. AstaGuru shall not
the Lot is collected by the Buyer from AstaGuru. A claim for refund inLot is collected by the Buyer from AstaGuru. A claim for refund in
agr
discr agreeing to AstaGuru recording any telephonic conversa�ons. Theeeing to AstaGuru recording any telephonic conversa�ons. The the
discre�on, subject to the fulfilment of all registra�on formali�es ase�on, subject to the fulfilment of all registra�on formali�es as
be
be responsible for any Bidders not being able to place their bids onlineresponsible for any Bidders not being able to place their bids online
the
containedintheseTermsandCondi�onsofSale.ontainedintheseTermsandCondi�onsofSale. t telephonebidsaregovernedbytheseCondi�onsofSale.elephonebidsaregovernedbytheseCondi�onsofSale. the case of any inauthen�city of the Lot may be made only by thecase of any inauthen�city of the Lot may be made only by the
c
duetolackofanunderstandingoftheprocess.tolackofanunderstandingoftheprocess.
due
Buyer, and nobody else. If the Buyer transfers the Lot to any otherer, and nobody else. If the Buyer transfers the Lot to any other
2.8 AstaGuru shall provide all bidding access at least 24 hours before thetaGuru shall provide all bidding access at least 24 hours before the c) c) In Buy
As
2.8
In the case of telephone bids, at about the �me the Lot comes up forthe case of telephone bids, at about the �me the Lot comes up for
en�ty, that en�ty shall not be eligible to make any claim against�ty, that en�ty shall not be eligible to make any claim against
As
Auc� b) b) AstaGuru may set limits on the number of bids that may be made by ataGuru may set limits on the number of bids that may be made by a auc� en
Auc�onDate.onDate.
auc�on,a� emptswillbemadetocontacttheBidderbytelephoneand,on,a� emptswillbemadetocontacttheBidderbytelephoneand,
Bidder..
Bidder if if successful, the Bidder may then par�cipate in the auc�on throughsuccessful, the Bidder may then par�cipate in the auc�on through As
AstaGuruforanyreasonwhatsoever.taGuruforanyreasonwhatsoever.
2.9 AstaGuru reserves the right to cancel any bidding access provided to ataGuru reserves the right to cancel any bidding access provided to a c) c) Bidder the AstaGuru staff. The Bidder accepts that such contact is at theAstaGuru staff. The Bidder accepts that such contact is at the 5.3 Inordertosuccessfullyraiseaclaimtochallengetheauthen�cityoftheordertosuccessfullyraiseaclaimtochallengetheauthen�cityofthe
2.9
As
5.3
In
Bidders shall be informed of their bidding limits, if applicable. Upons shall be informed of their bidding limits, if applicable. Upon
the
Bidder..
Bidder
e exhaus�ng the respec�ve bidding limit, the Bidder will not be able toxhaus�ng the respec�ve bidding limit, the Bidder will not be able to Bidder's Lot
Bidder's risk. AstaGuru does not take any liability or responsibilityrisk. AstaGuru does not take any liability or responsibility
LotunderthisClause5:underthisClause5:
2.10 place any further bid, unless allowed by AstaGuru at its sole discre�onany further bid, unless allowed by AstaGuru at its sole discre�on should
2.10 AstaGuru reserves the right to withdraw a Lot before, during or a�erAstaGuru reserves the right to withdraw a Lot before, during or a�er
shouldtherebeanyinterrup�onorsuspensionofphoneservices.therebeanyinterrup�onorsuspensionofphoneservices.
place
a) the Buyer shall be required to produce examinable proof clearlythe Buyer shall be required to produce examinable proof clearly
a)
the bidding at an AstaGuru Auc�on, at its sole discre�on, including if itbidding at an AstaGuru Auc�on, at its sole discre�on, including if it
the or d) d) The demons
or by deposi�ng such sum of money with AstaGuru for increasing theby deposi�ng such sum of money with AstaGuru for increasing the
demonstra�ng that the Lot is deemed inauthen�c by an establishedtra�ng that the Lot is deemed inauthen�c by an established
The Bidder accepts that in the event that the telephone link is notBidder accepts that in the event that the telephone link is not
bidding limit; such facility being made available to any Bidder atlimit; such facility being made available to any Bidder at
has bidding
has a reason to believe that the authen�city or accuracy of the Lot is ina reason to believe that the authen�city or accuracy of the Lot is in
established, or breaks down, or there is any confusion or disrup�on,tablished, or breaks down, or there is any confusion or disrup�on, andacknowledgedauthority;acknowledgedauthority;
es
and
AstaGuru'ssolediscre�on.taGuru'ssolediscre�on.
d
doubt.oubt. As
thentheBidderwillnotbeabletopar�cipateintheAuc�on.theBidderwillnotbeabletopar�cipateintheAuc�on. b)
then
b) the Lot should be in the same condi�on as it was at the �me ofthe Lot should be in the same condi�on as it was at the �me of
2.11 d) d) If the Bidder is successful, then the further process is described herein.the Bidder is successful, then the further process is described herein. e) e) As purchasefromAstaGuru,subjecttoAstaGuru'ssa�sfac�on;andchasefromAstaGuru,subjecttoAstaGuru'ssa�sfac�on;and
2.11 AstaGuru reserves the right to postpone comple�on of a sale under anAstaGuru reserves the right to postpone comple�on of a sale under an
If
pur
AstaGuru will not be held responsible for instruc�ons or authoriza�onstaGuru will not be held responsible for instruc�ons or authoriza�ons
If
As
AstaGuru Auc�on un�l AstaGuru completes its registra�on and clienttaGuru Auc�on un�l AstaGuru completes its registra�on and client If a Bidder is unsuccessful, then the Security Deposit shall be refundeda Bidder is unsuccessful, then the Security Deposit shall be refunded
given to them which are unclear or incomplete, and in the case ofen to them which are unclear or incomplete, and in the case of
giv
t
iden�fica�onformali�es.�fica�onformali�es. totheBuyerwithin5workingdaysoftheauc�ondate.otheBuyerwithin5workingdaysoftheauc�ondate. c) any expenses incurred by AstaGuru in recovering the amountany expenses incurred by AstaGuru in recovering the amount
c)
iden
unclear or incomplete instruc�ons, such bids will not be acceptedor incomplete instruc�ons, such bids will not be accepted
unclear
r
2.12 As e) e) In and/orplacedintheconcernedauc�on.orplacedintheconcernedauc�on. refundableunderClause5.5shallbebornebytheBuyer.efundableunderClause5.5shallbebornebytheBuyer.
AstaGuru reserves the right to refuse registra�on to any en�ty at itstaGuru reserves the right to refuse registra�on to any en�ty at its
and/
2.12
In the case a Bidder is successful, the Security Deposit shall be adjustedthe case a Bidder is successful, the Security Deposit shall be adjusted
5.4
sole
solediscre�on.discre�on. towardstotheTotalPurchasePrice.owardstotheTotalPurchasePrice. 5.4 Lis
t
List of Authen�cators- If the Lots are Memorabilia, AstaGuru relies ont of Authen�cators- If the Lots are Memorabilia, AstaGuru relies on
If
f) f) If it is impossible to obtain telephone contact or the link breaks down,it is impossible to obtain telephone contact or the link breaks down,
the
Absentee/ProxyBidssentee/ProxyBids
2.13 4.3 Ab AstaGuru is authorized to con�nue to bid on behalf of the telephonetaGuru is authorized to con�nue to bid on behalf of the telephone the below men�oned 3rd party authen�cators, as may be updatedbelow men�oned 3rd party authen�cators, as may be updated
4.3
As
2.13 The email and the phone number given by the Prospec�ve Bidder atThe email and the phone number given by the Prospec�ve Bidder at
fr
from�meto�me,atAstaGuru'sdiscre�on.om�meto�me,atAstaGuru'sdiscre�on.
bidderuptothemaximumbidlaststatedoverthecall.uptothemaximumbidlaststatedoverthecall.
the �me of registra�on cannot be changed by the Registered Bidder�me of registra�on cannot be changed by the Registered Bidder
the bidder
Absen
once it has been registered with AstaGuru. It can only be changed byit has been registered with AstaGuru. It can only be changed by a) a) Absentee or Proxy Bids are those bids which are placed by a Registeredtee or Proxy Bids are those bids which are placed by a Registered g) g) The Bidder shall have to provide his Login access, including theBidder shall have to provide his Login access, including the PS
PSA / DNA, based out of Newport Beach, California, United States ofA / DNA, based out of Newport Beach, California, United States of
once
The
Bidder
Bidder in any auc�on, either before the start of the auc�on or during ain any auc�on, either before the start of the auc�on or during a
As
AstaGuru by proper verifica�on to its sa�sfac�on a�er the RegisteredtaGuru by proper verifica�on to its sa�sfac�on a�er the Registered Americ
America.a.
live auc�on, where the system automa�cally places the bids for thee auc�on, where the system automa�cally places the bids for the passw
password to his account to an AstaGuru representa�ve, who will thenord to his account to an AstaGuru representa�ve, who will then
liv
Bidder
Bidderini�atesarequestforsuchachangebymakingawri� enrequestini�atesarequestforsuchachangebymakingawri� enrequest RegisteredBidderaspertheamountssetbytheBidder.egisteredBidderaspertheamountssetbytheBidder. place the Bid on his behalf. If the password is not available with thethe Bid on his behalf. If the password is not available with the
R
place
Authen
t toAstaGuru.oAstaGuru. Authen�c Autographs Unlimited (AAU), based out of Las Vegas, United�c Autographs Unlimited (AAU), based out of Las Vegas, United
Bidder
StatesofAmericaatesofAmerica
b) b) Absen Bidder, he may choose to generate an OTP from the AstaGuru website,, he may choose to generate an OTP from the AstaGuru website, St
Absentee or Proxy Bids can only be placed by a Bidder through thetee or Proxy Bids can only be placed by a Bidder through the
2.14
which
2.14 AstaGuru may at its discre�on use any third-party payment gatewayAstaGuru may at its discre�on use any third-party payment gateway which he will have to provide to the AstaGuru representa�ve to accesshe will have to provide to the AstaGuru representa�ve to access
AstaGuruwebsite.taGuruwebsite.
As James
James Spence Authen�ca�on (JSA), based out of Florida, United StatesSpence Authen�ca�on (JSA), based out of Florida, United States
hisaccount.TheBidderisadvisedtochangehisaccountpassworda�eraccount.TheBidderisadvisedtochangehisaccountpassworda�er
providers forcollec�ngpayments on itsDigitalPla�orms,eitherfortheoviders forcollec�ngpayments on itsDigitalPla�orms,eitherforthe his
pr
of
deposit or the payment for the purchase of any item through auc�on,or the payment for the purchase of any item through auc�on,
deposit c) c) AProxyBidplacedbeforethestartofanauc�on(pre-auc�onProxyBid)ProxyBidplacedbeforethestartofanauc�on(pre-auc�onProxyBid) the end of each auc�on when he has disclosed his password or the OTPend of each auc�on when he has disclosed his password or the OTP ofAmerica.America.
the
A
or ma to any AstaGuru representa�ve to avoid any unauthorised accounto any AstaGuru representa�ve to avoid any unauthorised account OnlineAuthen�cs,basedoutofCalifornia,UnitedStatesofAmerica.Authen�cs,basedoutofCalifornia,UnitedStatesofAmerica.
may be placed at least 24 hours prior to the start of an auc�on. A pre-y be placed at least 24 hours prior to the start of an auc�on. A pre-
or for any other purpose. Anyone who makes any payment thoughfor any other purpose. Anyone who makes any payment though
t
Online

access
such auc� accessinthefuture.inthefuture.
such third-party payment gateway shall be bound by the Terms &third-party payment gateway shall be bound by the Terms &
auc�on Proxy Bid can be cancelled more than 24 hours prior to theon Proxy Bid can be cancelled more than 24 hours prior to the
Becke� Authen�ca�on Services (BAS), based out of Phoenix, Arizona,e� Authen�ca�on Services (BAS), based out of Phoenix, Arizona,
Condi� s startofanauc�on.tartofanauc�on. h) h) The Bidder indemnifies AstaGuru from any claims and damages that heBidder indemnifies AstaGuru from any claims and damages that he Beck
Condi�ons of that payment gateway provider in addi�on to and not inons of that payment gateway provider in addi�on to and not in
The
Unit
der d) d) A Proxy Bid placed during a live auc�on cannot be cancelled onceProxy Bid placed during a live auc�on cannot be cancelled once ma UnitedStatesofAmerica.edStatesofAmerica.
deroga�on of these present Terms & Condi�ons. In the case of anyoga�on of these present Terms & Condi�ons. In the case of any
A
may incur as a result of him disclosing his account access details to any incur as a result of him disclosing his account access details to an
c conflict, those provisions shall be upheld which provide the benefit ofonflict, those provisions shall be upheld which provide the benefit of
Guaranteed Forensic Authen�cators (GFA), based out of United Statesanteed Forensic Authen�cators (GFA), based out of United States
AstaGururepresenta�ve.taGururepresenta�ve.
placed. As Guar
placed.
data protec�on and privacy to the payer. AstaGuru does not retain anyta protec�on and privacy to the payer. AstaGuru does not retain any ofAmerica.America.
da
of
4.7
Credit Card or Debit Card informa�on, and all such transac�ons areedit Card or Debit Card informa�on, and all such transac�ons are e) e) The star�ng value of a Proxy Bid placed before the start of an auc�onhe star�ng value of a Proxy Bid placed before the start of an auc�on 4.7 P PersonalizedBidNo�fica�onsersonalizedBidNo�fica�ons
Cr
T
Firma
c
carriedoutonthethird-partypaymentgatewayprovider.arriedoutonthethird-partypaymentgatewayprovider. (pre-auc�onProxyBid)shallbeatleast10%higherthantheOpeningBid.e-auc�onProxyBid)shallbeatleast10%higherthantheOpeningBid. FirmaStellabasedoutofUnitedKingdomStellabasedoutofUnitedKingdom
(pr
The Bidder shall be kept informed about the progress of his bids at anBidder shall be kept informed about the progress of his bids at an
a) a) The
As
2.15
2.15 AstaGuru may choose to receive payments through Bank Transfer orAstaGuru may choose to receive payments through Bank Transfer or f) f) I IfaProxyBidisplacedduringtheliveauc�on,theamountshallbeatleastfaProxyBidisplacedduringtheliveauc�on,theamountshallbeatleast AstaGuru Auc�on, including when he is outbid or when he wins ataGuru Auc�on, including when he is outbid or when he wins a FieldofDreams,basedoutofTexas,UnitedStatesofAmerica.ofDreams,basedoutofTe
Field
Cheque 20% higher than the next valid bid, for all bids below �5,00,00,000/-higher than the next valid bid, for all bids below �5,00,00,000/- par�cularLotbye-mailandmobilealerts.cularLotbye-mailandmobilealerts.
Chequeoranyotherappropriatemeansofpayment.oranyotherappropriatemeansofpayment.
par�
20%
Online
OnlineAuthen�cs,basedoutofCalifornia,UnitedStatesofAmerica.Authen�cs,basedoutofCalifornia,UnitedStatesofAmerica.
(Rupees Five Crores) and shall be at least 7% higher than the next validFive Crores) and shall be at least 7% higher than the next valid 4.8 By bidding at an AstaGuru Auc�on, the Bidder makes an irrevocabley bidding at an AstaGuru Auc�on, the Bidder makes an irrevocable
(Rupees
4.8
B
bidforallbidsabove�5,00,00,000/-(RupeesFiveCrores).forallbidsabove�5,00,00,000/-(RupeesFiveCrores).
bid offertopurchasetheLot.SuchanoffershallbedeemedtobeacceptedertopurchasetheLot.Suchanoffershallbedeemedtobeaccepted An�qui�esExperts,basedoutofNewYork,UnitedStatesofAmerica.�qui�esExperts,basedoutofNewYork,UnitedStatesofAmerica.
An
off
3. 3. RE
RESERVEPRICE,ESTIMATESANDMARGINSERVEPRICE,ESTIMATESANDMARGIN
g) g) The increments for the Proxy Bids shall be 10% for all bids belowincrements for the Proxy Bids shall be 10% for all bids below when the bid placed by the Bidder is the 'Hammer Price' for any Lot inthe bid placed by the Bidder is the 'Hammer Price' for any Lot in W
when
The
WonderlandMemorabilia,basedoutofNo� ngham,UKonderlandMemorabilia,basedoutofNo� ngham,UK

The
anauc�on.auc�on.
3.1 The Reserve Price is confiden�al and will not be disclosed to anyReserve Price is confiden�al and will not be disclosed to any �5,00,00,000/- an
3.1
�5,00,00,000/- (Rupees Five Crores) and shall be 5% for all bids above(Rupees Five Crores) and shall be 5% for all bids above
An�qui�esofCalifornia(AOC),UnitedStatesofAmerica�qui�esofCalifornia(AOC),UnitedStatesofAmerica
�5,00,00,000/-(RupeesFiveCrores).(RupeesFiveCrores).
Bidders.s. �5,00,00,000/- An
Bidder
4.9
4.9 Bids
Bids may be placed in USD or INR. All foreign currency exchange ratesmay be placed in USD or INR. All foreign currency exchange rates
3.2 AstaGuru may provide an Es�mate Price for each Lot to be auc�oned,taGuru may provide an Es�mate Price for each Lot to be auc�oned, h) h) The Bidder may place a proxy bid at any �me, before an AstaGuruBidder may place a proxy bid at any �me, before an AstaGuru during Sch
SchwartzSportsAuthen�c.comwartzSportsAuthen�c.com
3.2
As
The
during an AstaGuru Auc�on shall be based on a constant rate.an AstaGuru Auc�on shall be based on a constant rate.
based
based on the average market value of the said Lot as determined byon the average market value of the said Lot as determined by Auc� However,theyaresubjecttochangea�ereachsession.ever,theyaresubjecttochangea�ereachsession.
How
Auc�ongoesliveun�ltheendoftheauc�on.ongoesliveun�ltheendoftheauc�on.
Upper Deck Authen�cated (UDA), based out of California, UnitedDeck Authen�cated (UDA), based out of California, United
Upper
AstaGuru.taGuru.
As
StatesofAmerica.atesofAmerica.
4.10 AstaGurureservestherighttoaccept,recordandrejectanybid.AstaGurureservestherighttoaccept,recordandrejectanybid.
i) i) The 4.10 St
The Bidder may place a proxy bid by submi� ng a duly signed wri� enBidder may place a proxy bid by submi� ng a duly signed wri� en
3.3
3.3 The bidformprovidedontheWebsite.formprovidedontheWebsite. 4.11 In
The Es�mate Price given by AstaGuru shall only be a guide to theEs�mate Price given by AstaGuru shall only be a guide to the
bid
4.11 AstaGurureservestherighttorejectthehighestbidfromanyBidderonAstaGurureservestherighttorejectthehighestbidfromanyBidderon
Interna�onal Cricket Council (ICC) based out of Dubai, United Arabterna�onal Cricket Council (ICC) based out of Dubai, United Arab
Bidder
Bidders and does not indicate with any accuracy, the Total Purchases and does not indicate with any accuracy, the Total Purchase theAuc�onDate,atitssolediscre�on.Auc�onDate,atitssolediscre�on. Emir
Emirates. Autograph Collectables, based out of California, Unitedates. Autograph Collectables, based out of California, United
the
AstaGurureservestherighttorejectanyproxybidatitsdiscre�on.taGurureservestherighttorejectanyproxybidatitsdiscre�on.
Price(asdefinedbelow).(asdefinedbelow).
Price j) j) As St
StatesofAmerica.atesofAmerica.
Opening
4.12 Once the Bidder has placed a bid and/or a proxy bid, the Bidder cannotOnce the Bidder has placed a bid and/or a proxy bid, the Bidder cannot
4.4
4.4 OpeningBidsBids 4.12
3.4
3.4 The c cancelsuchabid.ancelsuchabid. Ic Icons.com.ons.com.
The Es�mate Price given by AstaGuru, and the Hammer Price of the LotEs�mate Price given by AstaGuru, and the Hammer Price of the Lot
a
at an AstaGuru Auc�on do not include: (i) AstaGuru Buyer's Margin att an AstaGuru Auc�on do not include: (i) AstaGuru Buyer's Margin at The
Thevalueoftheopeningbidshallbedeterminedasfollows:valueoftheopeningbidshallbedeterminedasfollows:
4.13 The closing bid is considered to be the winning bid only if such a bidThe closing bid is considered to be the winning bid only if such a bid
[1
[1 %] of the Hammer Price; (ii) any packing, insurance, shipping or8%] of the Hammer Price; (ii) any packing, insurance, shipping or8 a) 4.13 OnlineAuthen�cs,basedoutofCalifornia,UnitedStatesofAmerica.Authen�cs,basedoutofCalifornia,UnitedStatesofAmerica.
Online
a) The opening bid shall be [10%] lower than the value of the lowerThe opening bid shall be [10%] lower than the value of the lower
handling e exceedstheReservePrice.xceedstheReservePrice.
handling charges in connec�on with the sale of the Lot; (iii) any du�escharges in connec�on with the sale of the Lot; (iii) any du�es
es
es�mate.�mate. Authen
Authen�catedsignedink.com.�catedsignedink.com.
or 4.14
ortaxespayableontheLot.taxespayableontheLot.
4.14 In the event a bid is placed under three minutes from the closingIn the event a bid is placed under three minutes from the closing
b) In case of a 'No Reserve' auc�on, the opening bid shall be at [INRIn case of a 'No Reserve' auc�on, the opening bid shall be at [INR 5.5 If the Buyer's claim to challenge the authen�city of the Lot underthe Buyer's claim to challenge the authen�city of the Lot under
b)
5.5
If
3.5
3.5 The 20,000 (Indian Rupees Twenty Thousand)]. (A 'No Reserve' auc�on is(Indian Rupees Twenty Thousand)]. (A 'No Reserve' auc�on is schedule
The Es�mate Price is based on an average market value of the lot,Es�mate Price is based on an average market value of the lot,
schedule of the Lot, the closing �me for that Lot will be reset to threeof the Lot, the closing �me for that Lot will be reset to three
20,000
Clause
de
determined at AstaGuru's discre�on. This Price is provided only as atermined at AstaGuru's discre�on. This Price is provided only as a minutes. This process shall con�nue un�l there are no further bidses. This process shall con�nue un�l there are no further bids Clause 5 is successful, the Buyer shall be refunded the Total Purchase5 is successful, the Buyer shall be refunded the Total Purchase
minut
oneinwhich,no'ReservePrice'hasbeenset.)inwhich,no'ReservePrice'hasbeenset.)
one Price
Price (as defined below), subject to recovery of such amount by(as defined below), subject to recovery of such amount by
guide for the Bidders. Bidders should not rely solely on the Es�matefor the Bidders. Bidders should not rely solely on the Es�mate placedunderthreeminutesremainingfortheendoftheauc�on.underthreeminutesremainingfortheendoftheauc�on.
placed
guide
As
Price as a predic�on of the price that the Lot may get sold at in anyas a predic�on of the price that the Lot may get sold at in any 4.5 BidIncrementsIncrements AstaGurufromthesourceoftheLot.taGurufromthesourceoftheLot.
Price
Bid
4.5
4.15 AstaGuru reserves the right to rescind the sale within 7 (seven)AstaGuru reserves the right to rescind the sale within 7 (seven)
4.15
auc�on. All Bidders are advised to carry out their independent research.uc�on. All Bidders are advised to carry out their independent research. a) All live bids on the Website shall have an increment of 10% (ten pera) All live bids on the Website shall have an increment of 10% (ten per Business Days of the Auc�on Date on account of a breach of any ofDays of the Auc�on Date on account of a breach of any of 5.6 In the unlikely event that any Lot is proved to be
a
5.6
In
Business
The
The Es�mate Price does not include the AstaGuru Buyer's Margin,Es�mate Price does not include the AstaGuru Buyer's Margin, AstaGuru's sa�sfac�on, within a period of 1 month from the date thetaGuru's sa�sfac�on, within a period of 1 month from the date the
As
theseTermsandCondi�onsofSale.TermsandCondi�onsofSale.
cent);cent); these
packing Lot is collected by the Buyer from AstaGuru, AstaGuru shall be liable tois collected by the Buyer from AstaGuru, AstaGuru shall be liable to
packing,insurance,shipping,handlingchargesandanyothertaxes.,insurance,shipping,handlingchargesandanyothertaxes.
Lot
b) ÄIf the bid exceeds INR 5,00,00,000 (Indian Rupees Five Crores only),b) ÄIf the bid exceeds INR 5,00,00,000 (Indian Rupees Five Crores only), pay back the Total Purchase Price minus any shipping charges, to they back the Total Purchase Price minus any shipping charges, to the
pa
theincrementonthelivebidshallbe5%.theincrementonthelivebidshallbe5%.
111
110
110 111