The Ashok Rai-led Janata Samajbadi Party acquired a party registration certificate from the Election Commission (EC).
The Election Commission handed the party registration certification to Rai on Sunday evening.
A meeting of the commissioners of the Election Commission held on Sunday gave recognition to the JSP as a party in accordance with the Political Party Act 2073 and Rule 5 of the Regulation on Political Parties Act 2074.
Earlier on Sunday, Rai along with seven lawmakers had filed an application at the Election Commission for the registration of a new party.
The new party led by Rai has seven lawmakers including Pradeep Yadav, Renu Yadav, Nawal Kishor Sah Sudi, Birendra Mahato, Ranju Kumari, Hasina Khan and Sushila Shrestha.