Option (1) is correct: Any marriage solemnised after the commencement of this Act shall be null and void and may, on a petition presented by either party thereto, be so declared by a decree of nullity if it contravenes any one of the conditions specified in clause (v) of Section 5.
Option (2) is incorrect: It is a void marriage under Section 11 of the Hindu Marriage Act, 1955.
Option (3) is incorrect: It is a void marriage under Section 11 of the Hindu Marriage Act, 1955.