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<h1>June 1, 2016: Key Sections of Companies Act, 2013 on Company Formation and Management Now in Effect.</h1> The Central Government has designated June 1, 2016, as the commencement date for specific provisions of the Companies Act, 2013. These provisions include various sections and sub-sections related to company formation, share capital, management, and legal proceedings, among others. Key sections coming into force include sub-sections of sections 7, 14, 55, 62, 71, and others up to section 466. The notification was issued by the Ministry of Corporate Affairs, under the authority of the Companies Act, 2013, and was signed by an additional secretary.