Upon registration of the merger in the commercial register:
Com a inscrição da fusão no registo comercial:
a) The companies being acquired or, where a new company is formed, all the merging companies cease to exist and their rights and obligations pass to the acquiring or new company;
a) Extinguem-se as sociedades incorporadas ou, no caso de constituição de nova sociedade, todas as sociedades fundidas, transmitindo-se os seus direitos e obrigações para a sociedade incorporante ou para a nova sociedade;
b) Members of the companies which cease to exist become members of the acquiring or new company.
b) Os sócios das sociedades extintas tornam-se sócios da sociedade incorporante ou da nova sociedade.
Cessation of acquired companies, universal succession and membership effects follow registration.
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Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.