1. A member who, through disloyal conduct or conduct seriously disruptive of the company’s operation, has caused or may cause it significant harm may be excluded by court decision.
1 - Pode ser excluído por decisão judicial o sócio que, com o seu comportamento desleal ou gravemente perturbador do funcionamento da sociedade, lhe tenha causado ou possa vir a causar-lhe prejuízos relevantes.
2. The bringing of exclusion proceedings must be decided by a resolution of the members, who may appoint special representatives for that purpose.
2 - A proposição da acção de exclusão deve ser deliberada pelos sócios, que poderão nomear representantes especiais para esse efeito.
3. Within 30 days after the exclusion judgment becomes final, the company must redeem the member’s quota interest, acquire it or have it acquired, failing which the exclusion ceases to have effect.
3 - Dentro dos 30 dias posteriores ao trânsito em julgado da sentença de exclusão deve a sociedade amortizar a quota do sócio, adquiri-la ou fazê-la adquirir, sob pena de a exclusão ficar sem efeito.
4. Unless the articles of association contain a clause to the contrary, a member excluded by judgment is entitled to the value of that member’s quota interest, calculated by reference to the date on which the proceedings were brought and paid in accordance with the rules laid down for the redemption of quota interests.
4 - Na falta de cláusula do contrato de sociedade em sentido diverso, o sócio excluído por sentença tem direito ao valor da sua quota, calculado com referência à data da proposição da acção e pago nos termos prescritos para a amortização de quotas.
The grounds (disloyal or seriously disruptive conduct causing or likely to cause significant harm), the members' resolution to bring proceedings, the 30-day period after the judgment becomes final on pain of the exclusion lapsing, valuation as at the date proceedings are brought unless the articles provide otherwise, and the references to Article 225(3), (4) and the first part of (5) 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.