"I agree to a moratorium to allow both sides to discuss with the Prime Minister as Chairman of Barisan Nasional to find the best way forward to resolve the crisis," Palanivel said in a statement on Thursday.
He said he and his deputy, Datuk Seri Dr S Subramaniam, will "stand down" as they did not want the party crisis to get worse.
"We will have a moratorium. I do not want the party crisis to escalate," Palanivel said.
He said the moratorium will give both he and Dr Subramaniam "a period of non-crisis to resolve the issues that have come up."
"We will meet and decide on the next course of action that will satisfy all quarters as soon as possible," he added.
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