The meeting was attended by Arvind Kejriwal, Kiran Bedi, Prashant Bhushan, Santosh Hegde, Manish Sisodia and Kumar Vishwas, among others.
"There are differences of opinion and we are discussing it. No decision has been arrived yet," Hegde told reporters when he came out during the meeting here.
Erstwhile Team Anna is divided over the issue of taking a political plunge.
Hazare had made it clear yesterday that he does not support the anti-corruption movement taking a political plunge and told Kejriwal that he cannot expect the activist's support for all his candidates.
"I had told Arvind (last month during Jantar Mantar agitation) that if you want to form a party, you go ahead but I will not be part of that," he had said yesterday.
"It is not that if they have 1,000 candidates, I will support all of them. That will not happen," he had said.
"If they want to launch a party, let them do it. We don't bother. We will not go with them. It is not our way... Many people have told me that they want to fight polls."
Explaining his stand, he had said his appeal was that they should not fight elections.
Giriraj Kishore, an ex registrar of IIT Kanpur who attended the meeting, said the overall mood of the deliberations was that the movement should remain united and should reach a fruitful conclusion.
"A section of those in meeting said Hazare was exploited by some people in the movement. But this is not true.
"If Anna has given his name to the movement, people here have made the Anna what he is now. They built the image of Anna," he told reporters. He said they will take a decision about party later.
Anupam Kher said in case one needs to fight corruption solidly, one "may have to fight elections".
He said there is no controversy but only deliberations.
Respected Anna Hajare Saheb, Sadar Namaskar No Anna-Ram! Do not involve in politics. In near future you both will also not get majority in a state or Central. Drop the idea to form a political party. All evil elements will join your party and the result will be like Samajvadi party or Bahujan Party. UP has tasted their rule. People of Bihar have also tasted the Lalu%u2019s party. We are judging the Congress and BJP also. Communists have lost their labour capital. TMC leader has no ground to stand. Mamata banerjee is not dependable. In south there are only regional parties. Remember that No one has seen any reformist, social worker or political thinker who might have had formed any political party. The day you will form political party all good persons will start maintaining distance from you. Your aim is reforms and to have a lokpal for general public to curb corruption. Ramdev has an aim to bring back black money. But you both have neither political ideology nor any political philosophy to attract people. Formation of a political party by you will be anti climax. Even to day when you have not formed political party members from your team are fighting in between. It is not only the politics through which any goal can be achieved. Do not be laid away by the environment being made by Congress lest you will be kept on back burners and your purpose of formation of Lokpal Act and bringing back black will be defeated. Abstain from such temptation. There are so many activities in society where reforms are necessary and for that social changes are required and you both should have Pada Yatra so that from east to west and from south to north you may make the people alert and aware about their rights and duties. Be like Mahatma Gandhi who did not hold any post but was a key leader among others in the fight for liberation of India. It is said that about 76 percent people are of the opinion that Anna should form political party. This figure is not even 00.00000001 percent of the national population. May you live long Sir, Thanks, (P.V. Namjoshi.)