President of Panthers Party on 31 May 2022, following which his wife and co-founder Jay Mala took effective control as leader of the Panthers Party, and as its Chairwoman and nominated a prominent local lawyer and senior party leader Vilakshan Singh as the acting interim President, until the party's presidential elections that are scheduled for 23 March 2023. In February 2023, following the discovery of 5.9 tonnes of lithium in Reasi, Jammu, Ankit Love took over as Chief Patron of the Panthers Party, a role previously held by his father Prof. Bhim Singh. Jay Mala commented that Love due to his international perspective was the best person to manage the $500 billion worth of lithium discovered in the Udhampur parliamentary constituency where the Panthers party won the election previously. Ankit Love stated at the time: "There is more Lithium in Jammu, than oil in Dubai! Almost half a trillion US dollars worth of it. So we must make sure our people will now be the richest in the world. We must have the best infrastructure, libraries, hospitals, art galleries, theatres, sports teams, shopping malls, five star hotel resorts, airports and the creation of a brand new world class Prof. Bhim Singh University which was always my father’s dream, to build the world’s greatest university here.” References State political parties in Jammu and Kashmir Recognised state political parties in India Political parties established in 1982 1982 establishments in Jammu and Kashmir Organizations that oppose LGBT rights