Photography: Courtesy Clark House Initiative & World Wide Web
|Painting by A. A. Raiba|
Artist's Resale Right being practiced in UK and France should also be introduced in India, urges an ongoing exhibition in Mumbai titled AA Raiba: Droit de Suite/Artist's Resale Rights
Organized by the Clark House Initiative, 20% of the resale of the exhibited 12 works, created by veteran artist AA Raiba, aged 90, will be handed over to the artist in an effort to convince the Indian art market to morally follow the Artist’s Resale Right.
This right or Droit De Suite compels an auction house, art gallery, private collector or any other party reselling the work of an artist, to pay a certain percent of the resale value of the work to the artist or his heirs, every single time it is resold, while the artist is living and after 70 years of his death, says Sumesh Sharma, co-founder of Clark House.
Existent in France since 1858, Droit De Suite was also introduced in UK on February 14, 2006. India has no such law. The Clark House Initiative has taken its initial step to introduce the system in India. “To introduce such a law in Indian legislation would take a long while. But meanwhile people should practice it morally,” says Sharma.
|F N Souza's Birth (1955)|
Raiba’s works, which were sold in a price range of Rs 150 - 250 in the 1960s, now costs Rs 6 - 12 lakhs. “It is only fair that Raiba, who continues to lead a modest life, gets some benefit of the escalated prices of the works,” says Zasha Colah, another co-founder of the art space. Many of our senior artists continue to live in penury, despite the fact that the escalated prices of their art works are reaping huge profits for their collectors, she adds.
|S H. Raza's Saurashtra|
Isn’t it fair then that the artists are given the right to get a small share of the work’s resale value? After all, they are the creators of the works.
|Tyeb Mehta’s Kali Head (Green) (1998)|