Chapter XIII · Liquidation of the company

Article 154 Settlement of the company’s liabilities

Artigo 154.º · Liquidação do passivo social

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

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1. The liquidators must pay all the company’s debts for which the company’s assets are sufficient.

1 - Os liquidatários devem pagar todas as dívidas da sociedade para as quais seja suficiente o activo social.

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2. Where the circumstances provided for in Article 841 of the Civil Code arise, the liquidators must make a consignment deposit (consignação em depósito) of the subject matter of the performance; that consignment deposit may not be revoked by the company unless it proves that the debt has been extinguished by some other event.

2 - No caso de se verificarem as circunstâncias previstas no artigo 841.º do Código Civil, devem os liquidatários proceder à consignação em depósito do objecto da prestação; esta consignação não pode ser revogada pela sociedade, salvo provando que a dívida se extinguiu por outro facto.

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3. As regards disputed debts, the liquidators must safeguard the creditor’s potential rights by means of security provided in accordance with the Code of Civil Procedure.

3 - Relativamente às dívidas litigiosas, os liquidatários devem acautelar os eventuais direitos do credor por meio de caução, prestada nos termos do Código de Processo Civil.

What we checked in this article

The duty to pay debts up to the sufficiency of the assets, irrevocable consignment deposit under Article 841 of the Civil Code save proof of extinction of the debt, and security for disputed debts 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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