The UCPN-M organised a press conference in Kathmandu early Thursday morning soon after Prachanda was declared defeated by a Nepali Congress candidate in the Kathmandu-10 constituency amid indications coming from across the country that several senior party leaders were unlikely to make it to the new Constituent Assembly.

A fatigued and tired Prachanda said in the press conference that several cases of irregularities and rigging were found in the Nov 19 polls and they had taken the cases to the government and Election Commission.

"If our grievances and request are not heard, we are not going to take part in the next Constituent Assembly," he said

Initial results suggested that the Nepali Congress (NC) and the Communist Party of Nepal-Unified Marxist Leninist (CPN-UML) were leading in major constituencies pushing the UCPN-M far behind.