1. A company is dissolved in the cases provided for in the articles of association and also:
1 - A sociedade dissolve-se nos casos previstos no contrato e ainda:
a) Upon expiry of the term fixed in the articles of association;
a) Pelo decurso do prazo fixado no contrato;
c) Upon complete achievement of the object stated in the articles;
c) Pela realização completa do objecto contratual;
d) Where the object stated in the articles subsequently becomes unlawful;
d) Pela ilicitude superveniente do objecto contratual;
e) Upon the company’s declaration of insolvency, where its liquidation has been decided.
e) Pela declaração de insolvência da sociedade quando decidida a sua liquidação.
2. In the cases of immediate dissolution provided for in points (a), (c) and (d) of the preceding paragraph, the members may, by a simple majority of the votes cast at the meeting, resolve to acknowledge the dissolution; likewise, any member, successor of a member, creditor of the company or creditor of a member with unlimited liability may initiate notarial justification or the simplified justification procedure.
2 - Nos casos de dissolução imediata previstos nas alíneas a), c) e d) do número anterior, os sócios podem deliberar, por maioria simples dos votos produzidos na assembleia, o reconhecimento da dissolução e, bem assim, pode qualquer sócio, sucessor de sócio, credor da sociedade ou credor de sócio de responsabilidade ilimitada promover a justificação notarial ou o procedimento simplificado de justificação.
The five statutory grounds, the simple-majority resolution acknowledging dissolution limited to points (a), (c) and (d), and the persons entitled to initiate justification are retained.
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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.