File photo taken on Nov. 12, 2019 shows Israeli Prime Minister Benjamin Netanyahu attending a press conference in Tel Aviv, Israel. Israeli Attorney General Avichai Mandelblit announced on Nov. 21 that Prime Minister Benjamin Netanyahu had been indicted in a series of corruption cases. The indictment marks the first time an incumbent prime minister is being charged with bribery. (Gideon Markowicz/JINI via Xinhua)

Israel will hold an election on March 2, its third in less than a year, parliament decided Thursday after Prime Minister Benjamin Netanyahu and his main rival failed to parlay the previous two ballots into a new coalition government.

By a vote of 94 in favor to none opposed, lawmakers approved a motion dissolving parliament and setting the new election date. It came hours after a final deadline passed to form a government following the last election in September.

In that ballot, and in the one prior in April, Netanyahu's conservative Likud party deadlocked with ex-general Benny Gantz's centrist Blue and White. 

The next election, however, will be held in the shadow of an corruption indictment handed down against Netanyahu last month.

Denying any wrongdoing, Netanyahu, 70, has accused legal authorities of attempting a "coup" aimed at ousting a popular four-term leader. Critics alleged that Netanyahu was trying to undermine the rule of law and set an election campaign theme portraying himself as the victim of "c" conspiracy.

As prime minister, Netanyahu is under no legal obligation to resign as a result of the indictment, and while in office he can ask the legislature to grant him immunity from prosecution.

As caretaker premier, Netanyahu would remain in the post until a new government is formed - a process that could stretch months past the March election.