Chapter XII · Dissolution of the company

Article 142 Grounds for administrative dissolution or dissolution by resolution of the members

Artigo 142.º · Causas de dissolução administrativa ou por deliberação dos sócios

Código das Sociedades Comerciais · Decree-Law No. 262/86 · consolidated text checked 26 October 2026

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1. Administrative dissolution of the company may be applied for on the basis of an event provided for by law or in the articles of association, and where:

1 - Pode ser requerida a dissolução administrativa da sociedade com fundamento em facto previsto na lei ou no contrato e quando:

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a) For a period exceeding one year, the number of members is below the statutory minimum, unless one of the members is a public-law legal person or an entity treated as such by law for that purpose;

a) Por período superior a um ano, o número de sócios for inferior ao mínimo exigido por lei, excepto se um dos sócios for uma pessoa colectiva pública ou entidade a ela equiparada por lei para esse efeito;

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b) The activity constituting the object stated in the articles becomes impossible in fact;

b) A actividade que constitui o objecto contratual se torne de facto impossível;

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c) The company has not carried on any activity for two consecutive years;

c) A sociedade não tenha exercido qualquer actividade durante dois anos consecutivos;

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d) The company in fact carries on an activity not included in the object stated in the articles.

d) A sociedade exerça de facto uma actividade não compreendida no objecto contratual.

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2. If the law is silent on the effect of an event provided for as a ground for dissolution, or if the meaning of the articles of association is doubtful, the dissolution is deemed not to be immediate.

2 - Se a lei nada disser sobre o efeito de um caso previsto como fundamento de dissolução ou for duvidoso o sentido do contrato, entende-se que a dissolução não é imediata.

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3. In the cases provided for in paragraph 1, the members may, by an absolute majority of the votes cast at the meeting, dissolve the company on the basis of the event that has occurred.

3 - Nos casos previstos no n.º 1 podem os sócios, por maioria absoluta dos votos expressos na assembleia, dissolver a sociedade, com fundamento no facto ocorrido.

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4. The company is deemed dissolved from the date of the resolution provided for in the preceding paragraph; however, if the resolution is challenged in court, dissolution occurs on the date on which the judgment becomes final.

4 - A sociedade considera-se dissolvida a partir da data da deliberação prevista no número anterior, mas, se a deliberação for judicialmente impugnada, a dissolução ocorre na data do trânsito em julgado da sentença.

What we checked in this article

The one-year period below the statutory minimum number of members with the public-entity exception, the two-consecutive-year inactivity ground, the presumption against immediate dissolution, the absolute-majority resolution and the dating of dissolution where the resolution is challenged 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.

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