Former Prime Minister of Nepal Pushpa Kamal Dahal and K. P. Sharma Oli, both served as the chairmen of the party.

[11] On 8 March 2021, Nepal's Supreme Court stated that the allocation of the name "Nepal Communist Party" upon the merger of the CPN-UML and CPN (Maoist Centre), and by extension the merger itself, was void ab initio, as the name was already allotted to a party led by Rishiram Kattel, and that the NCP stood "dismissed".

[12] Upon the ruling, the two predecessor parties were revived in their original state immediately prior to the merger, although should the two wish to merge again with proper procedure being followed, it would be fully allowed.

This was joined by Naya Shakti Party led by former prime minister Baburam Bhattarai.

This was a practice to side line the largest party of Nepal, Nepali Congress from government and decrease its strength in parliament.

Khadga Prasad Oli and Pushpa Kamal Dahal would serve as joint chairmen of the party until a general convention was held.

The meeting also decided on letting Oli complete his full term as prime minister instead of the agreement between the two leaders to lead the government in turns.

[55] On 14 November 2020, co-chairman Pushpa Kamal Dahal presented a political document at a party secretariat meeting that accused K.P.

Sharma Oli of not following the party's directions, unilaterally leading the government and turning a blind eye towards corruption.

[60] The decision was met with criticism from within the party and seven ministers close to the Dahal–Nepal faction in his cabinet resigned in protest.

The meeting also removed Narayan Kaji Shrestha as party spokesperson and replaced him with Pradeep Gyawali.

[72] On 8 March 2021, Nepal's Supreme Court stated that the allocation of the name Nepal Communist Party upon the merger of the CPN (UML) and CPN (Maoist Centre), and by extension the merger itself, was void ab initio, as the name was already allotted to the party led by Kattel, and that the NCP stood "dismissed".

[12] Upon the ruling, the two predecessor parties were revived in their original state immediately prior to the merger, although should the two wish to merge again with proper procedure being followed, that it would be fully allowed.