As of July 2023, the party leads Socialist Front and is an important ally in the governing coalition.

[9][10][11] The party was officially registered at the Election Commission, Nepal on 18 August 2021 while it received its certificate of registration on 25 August when the Election Commission verified its application with signature of more than twenty percent in both central committee and federal parliamentary party.

[17][18] This same amendment opened the way to formalize the splits caused due to the dispute between two factions of Janata Samajbadi Party, Nepal and CPN(UML) respectively.

Leaders including Ghanashyam Bhusal and Yogesh Bhattarai sided with KP Sharma Oli for party unity.

This faction included leaders like Yubaraj Gyawali, Asta Laxmi Shakya, Bhim Rawal, Ghanashyam Bhusal, Gokarna Bista, Bhim Acharya, Yogesh Bhattarai and standing committee members including Surendra Pandey, Raghuji Panta and Amrit Bohora.

[25] They even attended the standing committee meeting of 8th Bhadra which called upon Nepal faction for party unity for a final time and instructed CPN (UML) to fulfill their 10 points demand.

On the same day (8th Bhadra), Nepal arranged a meeting where he presented the party's doctrine and announced that People's Multiparty Democracy would be their guiding philosophy.

[30] The party was able to meet the threshold with 55 out of 205 members of the central committee and 9 out of 33 of the National Assembly and 24 out of 121 of House of Representatives.

[33][34] However, the Election Commission rejected to accept the signatures of Som Prasad Pandey, Maya Gyawali, Tulsa Thapa and Sharada Devi Bhatta as they had not signed the earlier application for party registration.