1. A member may withdraw from the company in the cases provided for by law and by the articles of association and also where, against that member’s express vote:
1 - Um sócio pode exonerar-se da sociedade nos casos previstos na lei e no contrato e ainda quando, contra o voto expresso daquele:
a) The company resolves on a capital increase to be subscribed wholly or partly by third parties, a change of the company’s object, an extension of the company’s duration, the transfer of its registered office abroad, or the return to business of the dissolved company;
a) A sociedade deliberar um aumento de capital a subscrever total ou parcialmente por terceiros, a mudança do objecto social, a prorrogação da sociedade, a transferência da sede para o estrangeiro, o regresso à actividade da sociedade dissolvida;
b) Where there is just cause for the exclusion of a member, the company does not resolve to exclude that member or does not take steps to have that member excluded by the court.
b) Havendo justa causa de exclusão de um sócio, a sociedade não deliberar excluí-lo ou não promover a sua exclusão judicial.
2. Withdrawal may take place only if all of the member’s quota interests are fully paid up.
2 - A exoneração só pode ter lugar se estiverem inteiramente liberadas todas as quotas do sócio.
3. A member who wishes to exercise the right conferred by paragraph 1 must, within 90 days of becoming aware of the fact giving rise to that right, give the company written notice of the intention to withdraw.
3 - O sócio que queira usar da faculdade atribuída pelo n.º 1 deve, nos 90 dias seguintes ao conhecimento do facto que lhe atribua tal faculdade, declarar por escrito à sociedade a intenção de se exonerar.
4. Upon receipt of the member’s notice referred to in the preceding paragraph, the company must, within 30 days, redeem the quota interest, acquire it or have it acquired by a member or a third party, failing which the member may apply for dissolution of the company by administrative means.
4 - Recebida a declaração do sócio referida no número anterior, a sociedade deve, no prazo de 30 dias, amortizar a quota, adquiri-la ou fazê-la adquirir por sócio ou terceiro, sob pena de o sócio poder requerer a dissolução da sociedade por via administrativa.
6. If the consideration cannot be paid by reason of Article 236(1) and the member does not elect to wait for payment, the member is entitled to apply for dissolution of the company by administrative means.
6 - Se a contrapartida não puder ser paga em virtude do disposto no n.º 1 do artigo 236.º e o sócio não optar pela espera do pagamento, tem direito a requerer a dissolução da sociedade por via administrativa.
7. The member may also apply for dissolution of the company by administrative means if the acquirer of the quota interest does not pay the consideration in due time, without prejudice to the company stepping in, under Article 236(1).
7 - O sócio pode ainda requerer a dissolução da sociedade por via administrativa no caso de o adquirente da quota não pagar tempestivamente a contrapartida, sem prejuízo de a sociedade se substituir, nos termos do n.º 1 do artigo 236.º
8. The articles of association may not, directly or by laying down any criterion, set a value lower than that resulting from paragraph 5 for the cases of withdrawal provided for by law, nor permit withdrawal at the member’s arbitrary will.
8 - O contrato de sociedade não pode, directamente ou pelo estabelecimento de algum critério, fixar valor inferior ao resultante do n.º 5 para os casos de exoneração previstos na lei nem admitir a exoneração pela vontade arbitrária do sócio.
The grounds in points (a) and (b) requiring the member's express contrary vote, the full paying-up condition, the 90-day notice period, the company's 30-day period to redeem or acquire, valuation under Article 105(2) as at the date of notice, the references to Articles 235(1)(b) and 236(1), the right to apply for administrative dissolution and the minimum-value and anti-arbitrariness limits in paragraph 8 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.