Rebel leader Raj Thackeray today quit the Shiv Sena and announced the formation of a new political outfit next year.
"I sought respect, but all I got was humiliation," Raj told a press conference at Shivaji Park in central Mumbai on Sunday.
The dissident Shiv Sena leader, however, made it clear he was not joining any other political party.
"After I announced my decision to quit all Sena posts, several members of Parliament, legislators and corporators had contacted me saying they are with me. But, I do not want to create my party by breaking the Sena," Raj said.
In a letter to Sena chief Bal Thackeray on November 25, he said he had written that 'under the leadership of his cousin and Sena executive president Uddhav Thackeray, the party was stinking and Uddhav should be held accountable for the party's debacle in the Malvan assembly poll.'
"No such thing happened. The Sena, with Uddhav and his coterie taking all decisions, has been floundering over the past six-seven years," Raj said.