The meeting will is aimed at assessing the party's debacle in the Lok Sabha Polls.
"It has not reached a final conclusion. The reasons will be placed before a committee and we will get to know about it," Murli Manohar Joshi told the media before the meeting began.
BJP president Rajnath Singh reportedly has allowed for free and frank discuss on the party's failure.
The party on the whole has had volatile reactions to the defeat. With various members resigning from their posts and RSS idealogue, Vaidya commenting on the party's inability to hold up Hindutva the meeting is bound to be a tensed one.