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071767 AI generated

Joint acceptance of bills by self-managed company's administrative commission requires two members' signatures.

Case Number 071767
Court / Authority
Jurisdiction Portugal (PT)
Decision Date
Outcome Dismissed
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The court dismissed the review regarding the joint acceptance of bills by a self-managed company's administrative commission. The plaintiff argued that a single member's signature was insufficient for cambial obligation, while the defendant relied on the statutory requirement for dual representation. The court held that only two members of the administrative commission, possessing the powers of the elected management commission, can validly bind the company as acceptors.

Legislator headnote

Official

LETRA COMISSÃO ADMINISTRATIVA ASSINATURA COMISSÃO DE GESTÃO EMPRESA EM AUTOGESTÃO OBRIGAÇÃO CAMBIÁRIA ACEITANTE

Keywords

AI generated
self-managed company administrative commission joint acceptance cambial obligation two members requirement bill of exchange management powers

Cited Legislation

AI generated
Art. 16, n. 1 of Law no. 68/78
Art. 20, n. 2 of Law no. 68/78

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Full text

[Nº CONVENCIONAL] JSTJ00015810

[Nº DO DOCUMENTO] SJ198407170717671

[PRIVACIDADE] 1

[TEXTO INTEGRAL] N

[URL] https://www.dgsi.pt/jstj.nsf/954f0ce6ad9dd8b980256b5f003fa814/C7AA274D35EECCD7802568FC003AD7BC?OpenDocument

SUMÁRIO

Nos termos dos artigos 16, n. 1 e 20; n. 2, da Lei n. 68/78 de 16 de Outubro, uma empresa em auto-gestão a que, por despacho ministerial, foi nomeada uma comissão administrativa, só se considera cambiáriamente obrigado pela assinatura conjunta das letras de câmbio, como aceitantes, por dois membros dessa comissão com os poderes que teria a comissão de gestão regularmente eleita.