In an exciting turn of events, 25 exceptional paintings by the prestigious Indian artist MF Husain are set to be auctioned in Mumbai, providing the public with a long-awaited glimpse of works that have remained hidden for over 15 years. Scheduled for June 12, this auction marks the first time these paintings will be available for viewing since being locked away in bank vaults in 2008, following their seizure from a businessman accused of loan default.
The director of Pundole Art Gallery, Dadiba Pundole, expressed his enthusiasm: “It's like the paintings have come full circle.” Husain, often hailed as the "Picasso of India," painted these works in the early 2000s, crafting a significant series that reflects pivotal moments shaped by technological, political, and cultural changes. The auction could potentially yield up to $29 million, reaffirming Husain's status in the art world, especially after another of his pieces recently fetched a record $13.8 million at auction.
Husain's career, marked by both acclaim and controversy, included a notable milestone in 2004 when he entered into a billion-rupee deal to sell 25 paintings to businessman Guru Swarup Srivastava. However, as the deal progressed, Srivastava's legal woes attracted scrutiny from India's Central Bureau of Investigation, following allegations of loan misuse. Following an extensive investigation and legal battles, a court has finally cleared the way for the auction, allowing Husain's artworks to emerge from their vaults back into the spotlight.
Additionally, the vibrant acrylic canvases reflect Husain's unique style coupled with his take on socio-political issues of the century. Notable works feature themes encouraging peaceful dialogue among nations and juxtaposing cultural elements, highlighting the disparities faced by society amidst state advancements. As the auction approaches, not only do these paintings signify a rebirth for Husain's legacy but also offer a poignant reminder of the complex relationship between art, commerce, and the legal system in India.
