Nothing seems to be hunky dory for Maharashtra Navnirman Sena president Raj Thackeray after his party's back to back defeats in the Lok Sabha and the recent state Assembly elections.

The defeat has hurt the nine-year-old party's prospects so much so that it is on the verge of derecognition, as it failed to meet the required criteria of achieving the number of seats to get the title of a regional party.

Not only that, the party and Raj Thackeray himself has become a butt of a joke on social media after it hit a new low in the Assembly elections, winning just one seat out of the total 230 it contested.

MNS had fielded 230 candidates in the elections, but shockingly and much to the embarrassment of Raj, the party could win only one seat of Junnar, near Pune which was contested by Sharad Sonawane.

Senior party leaders who had to face defeat were MNS' second-in-command, Bala Nandgaonkar, Raj's business partner Nitin Sardesai and his trusted lieutenant Pravin Darekar.

According to party cadres, Raj has been inaccessible to his party workers and has always maintained distance. "The leaders could not understand what the cadre actually wanted," a party leader said.

Some of the messages posted on social media that have been doing rounds are "Raj thrashed Sonawane (his lone MLA) after the result and said why didn't you lose I will now have to run the party for next five years because of you"

"What is the difference between MNS and Activa? Activa has more seats than MNS."

The party has won just one seat out of 230 seats contested by it in the 288 member Assembly and has got just 3.1 per cent vote share in the state as per the results declared by the Election Commission.

As per the rules, a political party shall be entitled to be recognised as a 'State' party, if it secures at least six per cent of the total polled votes in the State at a general election, either to the Lok Sabha or to the Legislative Assembly of the State and in addition, if the party has at least two seats in the Legislative Assembly. MNS had got recognition of the State party after its 13 MLAs had won the party's debut polls in 2009.