Shibu Soren's Jharkhand Mukti Morcha (JMM) on Saturday met Jharkhand Governor Syed Ahmed and asked him to give 'more time' to form a new government.
JMM leader Hemant Soren told media: "There are still chances to form a government."
"We have requested the Governor for more time in order to prove our majority," he said.
Soren told Ahmed that the JMM was holding talks with other parties as it is not in favour of President´s rule in the state.
Pertinently, Soren returned to Ranchi on Friday after meeting Congress leaders in New Delhi.
The state Congress leaders also met Ahmed on Saturday to discuss the issue of forming new government, reports said.
Rajendra Singh, leader of Congress Legislature Party, told NDTV: "We are against President´s Rule. We feel the Assembly should not be dissolved. The JMM has staked claim and should be given a chance to form the next government. The decision to back them will be taken by the Congress leadership in Delhi."
Political crisis in Jharkhand deepened as Chief Minister Arjun Munda on Tuesday submitted his resignation to the Governor after JMM formally withdrew support from the government.
The JMM on Monday withdrew its support from the government over differences in connection to the rotation policy of the chief ministerial post.
Soren on Tuesday met the Governor to formally withdraw support and said they will try to form a new government in the state.
The JMM´s decision to withdraw support had reduced Munda-led BJP government to a minority one.
The relationship between the BJP and the JMM had been deteriorating after Munda in his written reply to the JMM on Jan 3, negated any rotation policy deal between the two parties to share power after 28 months in office.
Soren had earlier warned the BJP that the party would quit the coalition government if the chief minister´s post was not handed over to the JMM as a part of the agreement, reports said.
The JMM and the BJP have 18 MLAs each in the 81-member Jharkhand Assembly.