In September, Ranaut had called Matondkar a "soft porn star", after the latter criticised her claims about nepotism in the industry and Bollywood being riddled with a drug problem.
Matondkar, who unsuccessfully contested the 2019 Lok Sabha elections on Congress's ticket, joined the Shiv Sena on December 1 this year.
The legendary actor with nine Filmfare awards under his belt has always entertained the audiences with his enthralling acting performances that are still looked up to by the whole film industry.
High time for Congress to introspect: Former Minister Rajendra Darda on Urmila Matondkar joining Sena
Sena sources said Matondkar's name was forwarded to Governor B S Koshyari by the party recently for nomination to the Legislative Council.
Earlier this year, Matondkar had taken a stand against Kangana Ranaut for calling Mumbai 'Pak occupied Kashmir' and backed the Shiv Sena on the Marathi manoos agenda
Matondkar's name has been forwarded to Governor B S Koshyari by the Shiv Sena for nomination to the Legislative Council from the governor's quota.
The actor, who was trailing against BJP's Gopal Shetty by over 1,45,991 votes, said a complaint was filed with the Election Commission in this connection.