RATAN LAL SHARMA vs PURSHOTTAM HARIT

The Supreme Court held that the award in question, which purported to create rights in immovable property worth over Rs. 100, required registration under Section 17 of the Registration Act. The Court clarified that while a partner's share in partnership assets is movable property, the specific award did not assign the respondent's share to the appellant, thus rendering it void for uncertainty. Consequently, the Court dismissed the appeal and special leave petition, affirming the High Court's decision regarding the award's validity.