It said the BJP's official slogan "Abki baar, Modi sarkar (this time, Modi government)" was "unconstitutional and undemocratic".
"In Indian democracy, the system of political parties alone has a legal sanction to form government and not any individual," it said.
"It is requested that the commission may be pleased to take all possible actions against BJP, including derecognition, Modi and their supporters for violation of model code of conduct," the memorandum said.