MUMBAI.- Saffronart, the world’s largest online fine-art auction house, will showcase a significant selection of works on paper by 22 Modern Masters at its next 24-Hour Auction. The selection includes works by leading Indian artists Tyeb Mehta, V.S. Gaitonde, F.N. Souza, Nasreen Mohamedi, Arpita Singh, Jogen Chowdhury and more. The auction, which begins on July 20, 2011 at 8.00 pm (IST), will take place online at www.saffronart.com. The aesthetic quality of the lots in this auction, coupled with their competitive estimates, offers young collectors a unique opportunity to acquire their first significant modern Indian artwork, and established collectors a chance to enhance their holdings with a range of works on paper by leading modernists, including an important selection of drawings by founder members of the seminal Progressive Artists’ Group F.N. Souza, M.