The meeting which is being attended by top party functionaries is currently on at "Veda Nilayam" bungalow at Poes Garden here.
A decision is set to be taken on when Jayalalithaa would be formally elected as leader of the legislature party, and later as chief minister, partymen said.
Partymen and supporters, meanhwile, have been continuously pouring in at the Poes Garden shouting slogans in praise of Jayalalithaa and seeking her immediate return as chief minister.