1. Where the articles of association have been declared void or have been annulled, the members must proceed to liquidation in accordance with the preceding Articles, subject to the following special rules:
1 - Declarado nulo ou anulado o contrato de sociedade, devem os sócios proceder à liquidação, nos termos dos artigos anteriores, com as seguintes especialidades:
a) Liquidators must be appointed, unless the company has not commenced business;
a) Devem ser nomeados liquidatários, excepto se a sociedade não tiver iniciado a sua actividade;
b) The period for out-of-court liquidation is two years from the declaration of nullity or the annulment of the articles, and may be extended only by the court;
b) O prazo de liquidação extrajudicial é de dois anos, a contar da declaração de nulidade ou anulação do contrato, e só pode ser prorrogado pelo tribunal;
c) Members’ resolutions are adopted in the manner prescribed for general partnerships;
c) As deliberações dos sócios serão tomadas pela forma prescrita para as sociedades em nome colectivo;
d) The distribution is made in accordance with the rules laid down in the articles, unless those rules are themselves invalid;
d) A partilha será feita de acordo com as regras estipuladas no contrato, salvo se tais regras forem, em si mesmas, inválidas;
e) No act is to be registered unless the incorporation of the company has been registered.
e) Só haverá lugar a registo de qualquer acto se estiver registada a constituição da sociedade.
2. In the cases provided for in the preceding paragraph, any member, any creditor of the company or any creditor of a member with unlimited liability may apply for judicial liquidation before liquidation has been commenced by the members, or for the judicial continuation of a liquidation already commenced, if it has not been completed within the statutory period.
2 - Nos casos previstos no número anterior qualquer sócio, credor da sociedade ou credor de sócio de responsabilidade ilimitada pode requerer a liquidação judicial, antes de ter sido iniciada a liquidação pelos sócios, ou a continuação judicial da liquidação iniciada, se esta não tiver terminado no prazo legal.
The five special rules in paragraph 1 (including the two-year out-of-court period extendable only by the court) and the persons entitled to apply for judicial liquidation or its judicial continuation 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.