The Yadav faction will meet the EC soon to stake its claim over the party's election symbol.

The faction's meeting also decided to reinstate those JD(U) state presidents that were sacked by Kumar over a period of time.

Accompanied by Rajya Sabha MP Ali Anwar, Srivastava also said their faction will be part of the grand alliance of the opposition parties against BJP.

"We have elected our party's Gujarat unit chief and six-time MLA Chhotubhai Vasava as the acting president. The national executive has unanimously decided that the party will work under his leadership till a new president is elected," Srivastava said.

He said that several decisions taken under Kumar's leadership were "unconstitutional" and the executive revoked them.

Srivastava said Kumar had appointed Aneel Hegde as the returning officer for organisational poll in violation of the party norm that only the national executive can take such a decision.

He also insisted that the EC has not rejected the rebel group's earlier plea in this connection and added it has only been "set aside".

"We had not given any paper in support first. We approached the EC again on Friday with signed affidavit. We have also demanded from them another month's time to submit all the documents. We will submit those in the next 10-15 days," he said.

Srivastava also said that the faction has not yet decided on whether to join the UPA. He, however, said a grand alliance of opposition parties is likely to take shape.