1. Any person who, being responsible for convening a general meeting of members, a special meeting of shareholders or a meeting of bondholders, fails, or causes another person to fail, to convene it within the time limits laid down by law or by the articles of association, or convenes it or orders it to be convened without complying with the time limits or formalities laid down by law or by the articles of association, is punishable by a fine of up to 240 days.
1 - Aquele que, competindo-lhe convocar assembleia geral de sócios, assembleia especial de acionistas ou assembleia de obrigacionistas, omitir ou fizer omitir por outrem a convocação nos prazos da lei ou do contrato social, ou a fizer ou mandar fazer sem cumprimento dos prazos ou das formalidades estabelecidos pela lei ou pelo contrato social, é punido com pena de multa até 240 dias.
2. If a request to convene a meeting which ought to have been granted was submitted to the offender in accordance with the law or the articles of association, the penalty is a fine of up to 360 days.
2 - Se tiver sido presente ao autor do facto, nos termos da lei ou do contrato social, requerimento de convocação de assembleia que devesse ser deferido, a pena é de multa até 360 dias.
3. If serious damage, pecuniary or non-pecuniary, which the offender could have foreseen, is caused to any member who did not consent to the act, to the company or to a third party, the penalty is imprisonment for up to 1 year or a fine.
3 - Se for causado dano grave, material ou moral, e que o autor pudesse prever, a algum sócio que não tenha dado o seu assentimento para o facto, à sociedade ou a terceiro, a pena é de prisão até 1 ano ou pena de multa.
The fine-only penalties (up to 240 days; up to 360 days where a request to convene that ought to have been granted was refused) and the 1-year imprisonment aggravation for foreseeable serious damage 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.