Yeddyurappa will formally launch his Karnataka Janata Party at the rally in Haveri.
"The party is not prepared to compromise on taking action against BJP legislators who would attend KJP rally at Haveri. We are prepared to sacrifice power," he told reporters on the sidelines of the Legislative Council session here.
Gowda said there is a need for BJP to take action against such legislators as failing to take action would be detrimental to party's interests.
BJP leadership is aware of the repercussions on state politics in the event of party legislators and MPs attending Yeddyurappa's rally, Gowda said. "Names of defiant party legislators and MPs will be sent to BJP central leadership for disciplinary action," he added.
On his chances of being appointed state party chief again, Gowda said as a disciplined member of the party he was ready to accept the responsibility given to him.
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