Registration of arbitration award creating immovable property rights is required before judgment can be pronounced.

An arbitration award that does more than assign a partner's share and instead expressly allots a factory and all partnership assets exclusively to one partner, declaring him absolutely entitled, operates as an instrument creating rights in immovable property and therefore requires registration. An unregistered award of that kind is inadmissible for the purpose of having judgment pronounced under the arbitration framework. The award was treated as an inseparable whole, so the portion dealing with immovable property could not be separated and enforced independently.

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Issues: Whether the arbitration award, which allotted the partnership factory and other assets absolutely to one partner in consideration of monetary payment and reciprocal obligations, created rights in immovable property so as to require registration, and whether the Court could pronounce judgment in accordance with an unregistered award.

Analysis: A partner's share in partnership assets may be movable property and its assignment does not, by itself, require registration. Here, however, the award did not merely assign a partner's share in the partnership. It expressly allotted the factory and all assets and properties of the concern exclusively to one partner and declared him absolutely entitled to them. The award therefore operated as an instrument creating rights in immovable property worth more than the statutory threshold. Such an award required registration under the registration law. Being unregistered, it was inadmissible for the purpose of pronouncing judgment under the arbitration law. The award was also treated as an inseparable whole, so the part dealing with immovable property could not be separated and enforced independently.

Conclusion: The award required registration, and as it was unregistered, the Court could not pronounce judgment in accordance with it.

Ratio Decidendi: An arbitration award that itself creates or declares rights in immovable property must be registered, and an unregistered award cannot be relied upon to obtain judgment under the arbitration framework.

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