1. The provisions on the invalidity of shareholders’ resolutions apply, with the necessary adaptations, to resolutions of the bondholders’ meeting, voidability relating to breach of the terms of the loan.
1 - Às deliberações da assembleia de obrigacionistas aplicam-se os preceitos relativos à invalidade das deliberações de accionistas, com as necessárias adaptações, reportando-se a anulabilidade à violação das condições do empréstimo.
2. Proceedings for a declaration of nullity and proceedings for annulment must be brought against all the bondholders who approved the resolution, in the person of the common representative; where there is no common representative or the common representative did not approve the resolution, the claimant shall request, in the statement of claim, that a special representative be appointed from among the bondholders whose votes carried the resolution.
2 - A acção declarativa de nulidade e a acção de anulação devem ser propostas contra o conjunto de obrigacionistas que tenham aprovado a deliberação, na pessoa do representante comum; na falta de representante comum ou não tendo este aprovado a deliberação, o autor requererá, na petição, que de entre os obrigacionistas cujos votos fizeram vencimento seja nomeado um representante especial.
The application by analogy of the rules on invalid shareholders' resolutions, voidability tied to breach of the loan terms, and the defendants and special-representative mechanism in paragraph 2 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.