The group headed by Chief Minister Akhilesh Yadav has already authorised him to constitute a national executive, parliamentary board and various state units, as required, and inform the Election Commission of the developments at the earliest.
Sources in the Akhilesh faction said they will approach the EC if the group head by Mulayam Singh Yadav goes to the poll panel.
However, observers believe that it will be Akhilesh's faction which will have to go to the EC for staking claim over the symbol because on the commission's records it would be Mulayam Singh Yadav and other office bearers who would find a place.
In case, experts feel, the EC is not able to come to a decision as to which side should get the symbol for the elections then it could exercise the option of freezing the SP symbol.