Bonhams' Modern and Contemporary South Asian Art sale on October 5 will also offer 33 exceptional works from Indian and South Asian masters including Indian painter of international acclaim M F Husain, FN Souza and Ismail Gulgee.
Never before offered at auction, Mehta's painting Untitled (Figure), 1959, comes from a private UK collection and is estimated at between 300,000 - 500,000 pounds.
As with Mehta's other early pictures, it shows the influence of the Parisian school in its heavy use of impasto as well as displaying the cinematic quality which characterized so much of his work throughout his long career.
Other highlights include F N Souza's Untitled (Head) estimated between 40,000 and 50,000 pounds, and Horses, an important work by the seminal Pakistani artist, Ismail Gulgee estimated between 70,000 90,000 pounds.
"Bonhams October sale caps a season of international art auctions which has demonstrated beyond doubt that enthusiasm for Indian and South Asian art is now a global phenomenon. The depth and quality of the paintings we have assembled offer collectors the opportunity to acquire works by the greatest names of the 20th century. We are expecting a lot of interest," Tahmina Ghaffar, specialist for Modern and Contemporary South Asian art, said.