Party general secretary B K Hariprasad is consulting legal experts on the issue, Congress sources said.
The party is alleging that there was deliberate fraud in the election by switching the pen meant for marking the votes so as to make the Congress votes invalid.
The votes of 14 Congress MLAs were declared invalid leading to the loss of Anand who was otherwise expected to win.
The defeat of Anand came as a bolt from the blue for the Congress and its high command, which was confident that its strategy to trounce BJP-backed media baron and independent candidate Subhash Chandra would succeed.
On Friday, the Congress Legislature Party at its meeting had authorised party chief Sonia Gandhi to decide on who to vote for and she had directed voting in favour of Anand.
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