SP feud: Not forming a new party, Cycle remains Samajwadi Party's symbol, says Mulayam Singh Yadav

Samajwadi Party chief Mulayam Singh Yadav addressed a press conference on Wednesday to clear the air on the ongoing faction-war between son and father. He made it clear that Cycle will remain the Samajwadi Party's symbol and that they are not forming any new party.

Here are the Live updates:

#I urged the opposing group to not to indulge in rift, we want unity in the party

#We are neither forming a new party, nor changing the symbol. Opposing group is forming a new party 

#Cycle will remain Samajwadi Party's symbol, says Mulayam Singh Yadav

#Whatever I have belongs to this country. And what do I have? You all

#Samajwadi party has formed after a lot of struggle, so your (party workers') concern is natural

#I went to Delhi to ensure there is no disturbance in the unity of Samajwadi Party, we have invested time to maintain SP's unity

Earlier, Mulayam offered an olive branch to rebellious son Akhilesh and the faction-war seemed to meet its end. But the deal-breaker is not over yet. Position of the party president remains a bottleneck for both father-son and the party.

One one hand, where Mulayam Singh Yadav asserts that he is still party president and wants Akhilesh to give up his claim. Akhilesh, who is backed by a majority leaders and lawmakers in the party, is adamant that he will hold the post for three months and will relinquish it once the UP elections are finished.