Chapter III · Articles of association · Section III · The company before registration. Invalidity of the articles

Article 45 Defects of consent and incapacity in private limited companies, public limited companies and partnerships limited by shares

Artigo 45.º · Vícios da vontade e incapacidade nas sociedades por quotas, anónimas e em comandita por acções

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

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1. In private limited companies, public limited companies and partnerships limited by shares, mistake, fraud, duress and usury may be invoked as just cause for withdrawal by the member affected or prejudiced, provided that the circumstances, including the time requirements, which under civil law would make them relevant for the annulment of the legal transaction are present.

1 - Nas sociedades por quotas, anónimas e em comandita por acções o erro, o dolo, a coacção e a usura podem ser invocados como justa causa de exoneração pelo sócio atingido ou prejudicado, desde que se verifiquem as circunstâncias, incluindo o tempo, de que, segundo a lei civil, resultaria a sua relevância para efeitos de anulação do negócio jurídico.

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2. In those companies, incapacity of one of the parties renders the legal transaction voidable in relation to that party.

2 - Nas mesmas sociedades, a incapacidade de um dos contraentes torna o negócio jurídico anulável relativamente ao incapaz.

What we checked in this article

Defects of consent give grounds for withdrawal; incapacity produces relative voidability.

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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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