Title VIII · Final and transitional provisions

Article 544 Loss of half of the share capital

Artigo 544.º · Perda de metade do capital

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

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Until Article 35 of this law enters into force, the creditors of a public limited company may apply for its dissolution by proving that, after the time when their contracts were entered into, half of the share capital has been lost; the company may, however, oppose the dissolution provided that it gives its creditors the necessary guarantees of payment.

Enquanto não entrar em vigor o artigo 35.º desta lei, os credores de uma sociedade anónima podem requerer a sua dissolução, provando que, posteriormente à época dos seus contratos, metade do capital social está perdido, mas a sociedade pode opor-se à dissolução, sempre que dê as necessárias garantias de pagamento aos seus credores.

What we checked in this article

The creditors' right to apply for dissolution pending the entry into force of Article 35, the requirement that the loss of half of the share capital occurred after their contracts, and the company's right to oppose by giving the necessary guarantees of payment 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.

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