[4] The party was formed after abolishing Bikolpo Dhara on 26 October 2006 by former President of Bangladesh A. Q. M. Badruddoza Chowdhury, Oli Ahmad Bir Bikram, and 24 other former members of parliament and ministers from the Bangladesh Nationalist Party (BNP).

[5] Soon after its formation B. Chowdhury left LDP with his followers back to Bikalpa Dhara again.

From its inception LDP was an ally of the Grand Alliance.

President of LDP Oli Ahmed won for the sixth time from Chittagong-13.

For the 2018 election, the LDP was then part of the Jukto Front alliance, along with the Krishak Sramik Janata League and the Islamic Party of Bangladesh.