Social capital quotas held by the company itself are excluded from the three-quarters majority calculation under Article 41.
Legislator summary
AI generatedThe court unanimously ruled that social capital quotas belonging to the company itself must be excluded when calculating the three-quarters majority required for social resolutions. The plaintiff argued that these internal holdings should count toward the threshold, but the court found this interpretation inconsistent with the legislative intent of Article 41 of the Companies Law. Consequently, the request to review the resolution was denied because the company's own shares do not constitute a valid majority for such decisions.
Legislator headnote
OfficialSOCIEDADE POR QUOTAS DELIBERAÇÃO SOCIAL
Keywords
AI generatedCited Legislation
AI generatedFull text
[Nº CONVENCIONAL] JSTJ00003650
[Nº DO DOCUMENTO] SJ198212020701661
[PRIVACIDADE] 1
[REFERENCIA DE PUBLICACAO] BMJ N322 ANO1982 PAG351
[TEXTO INTEGRAL] N
[URL] https://www.dgsi.pt/jstj.nsf/954f0ce6ad9dd8b980256b5f003fa814/7CABCCF419FE1234802568FC00396BAD?OpenDocument
SUMÁRIO
A parte do capital social correspondente as quotas pertencentes a propria sociedade não deve ser considerada para o efeito do calculo das tres quartas partes a que alude o artigo 41 da Lei das Sociedades por Quotas.