Dr Farooq Sattar, one of the founding members of the Mutthaida Qaumi Movement-Pakistan, has resigned from the party's coordination committee and is expected to contest the forthcoming by-election as a Pakistan Tehree-e-Insaaf Party candidate, sources said.
Sattar handed in his resignation to the committee saying he could no longer perform his duties in the capacity any longer.
Sattar, a key figure in the MQM-P, resigned days after it emerged that the PTI had offered him a ticket to contest the NA-247 by-poll after the seat fell vacant following the election of Arif Alvi as the president of Pakistan.
Alvi had defeated Sattar in the July 25th General Elections.
Last week, Sattar had claimed that the ruling PTI offered him to contest the upcoming by-elections from NA-247, which fell vacant after the resignation of president-elect Dr. Arif Alvi.
"They want me to contest from Alvi's seat. I am consulting with close aides," he said.
Following Pakistan Tehreek-e-Insaf’s invitation, Sattar said he was consulting with close friends regarding the offer to join the party.
MQM-P since its inception in 1986 has been a major political player in Karachi and other urban areas of the Sindh province.
But in the July 25 National Assembly (NA) elections, the Karachi-based MQM-P, which ruled Pakistan's commercial hub for decades, managed to get just seven NA seats compared to its 24 seats in 2013.