Pvt ltd company inactive since incorporation

Kanwar Jeet Singh (Querist) 13 March 2015 This query is : Resolved
Respected Experts,

A pvt ltd company was incorporated in the year 2013 under companies act 1956.

Due to some issues among the promoters, the business never commenced. The company was inactive since incorporation, even the bank account was not opened.

Now what will the compliance, if the promoters:
1. Commence the business
2. Make it a Dormant company
3. Windup the business

Your assistance will be highly appreciated.

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