Bowrings mothballed over legal challenge

Bowrings, India’s only specialist fine art auction house, is to close after just two years of business to allow for lengthy court proceedings against the Indian government. The auctioneers have filed a writ against the Indian Ministry of Culture’s regulatory body ASI (Archeological Survey of India) and the CBI (Central Bureau of Investigation) disputing the demand that they need a licence to operate and sell antiquities.