The Abdullahs are undoubtedly the first political dynasty of Jammu and Kashmir having remained central to state's politics for over 80 long years.
Mufti also dismissed reports of an alliance with the Congress and said the party is preparing to contest all the six Lok Sabha seats in Jammu and Kashmir.
Akhtar said at a time when Prime Minister Narendra Modi has made it clear that the country will have to wait for the judicial process to end for construction of Ram temple at Ayodhya.
A leader close to Sajjad said many disgruntled leaders of PDP, NC and Congress are in contact with the PC chairman and many more leaders may join the party in coming days.
She said if Governor grants divisional status to Ladakh and ignores Chenab valley and Pir Panjal, then her party would be forced to launch peaceful agitation.
Drabu after sending his resignation to Mufti, took to Twitter to make his decision public.
NC chief spokesman Aga Syed Ruhullah Mehdi accused Imran Ansari, former PDP minister and influential Shia leader, of being a power hungry politician.
For over a week, the NC, PDP and Congress leaders were in touch to form "grand alliance" after sensing that their flock was vulnerable to "poaching from other camp.
Governor Satya Pal Malik made a terse announcement saying he was exercising powers conferred on him by the Jammu and Kashmir Constitution and dissolving the House which had two more years to go.
The announcement of poll schedule and the model code of conduct have already come into effect.
Parties such as the National Conference and the PDP who are opposing elections to local bodies and panchayats are scared of losing ground,the statement read.
Addressing reporters after the party meeting, former Jammu and Kashmir chief minister and PDP chief Mehbooba Mufti said they will not contest the polls as the prevailing situation was not favourable.
PDP on Friday too decided not to participate in the upcoming municipal and panchayat polls in Jammu and Kashmir.