According to sources, CK Reddy has filed his application in February 2008 and the EC has already processed his application and also sent a reply to him. Where as Chiru moved to the Commission on August 26 to register his new political party as Praja Rajyam. EC is yet to examine Chiru's application.
Since Reddy's application is still pending, Chiranjeevi will not be able to name his party as Praja Rajyam. If Reddy withdraws his application, Chiru will be out of this trouble.
Lets wait and see whether Reddy will withdraw his application or not.