New Delhi, Aug. 1 -- The Supreme Court on Thursday recalled its order scrapping the JSW Steel's Rs.19,700 crore deal to acquire Bhushan Power and Steel Limited noting serious "error apparent" in the judgment which was decided contrary to settled decisions of the top court and by giving findings on issues never argued during the hearing. A bench of Chief Justice of India (CJI) Bhushan R Gavai and justice SC Sharma said, "Prima facie we are of the view that the impugned judgment (of May 2) does not correctly consider the legal position as laid down by this court. Apart from that, it is pointed out various incorrect submissions have been taken on record..we find it a fit case for the judgment under review to be recalled and the matter needs to be heard afresh." The order was passed on a review petition filed by JSW Steel. Posting the matter for further hearing on August 7, the top court agreed to hear all sides, including the erstwhile promoters of Bhushan Steel, on all issues. The May 2 decision came as a big blow in the corporate and banking circles as the JSW Steel's plan to revive Bhushan Steel in liquidation proceedings, had met with the approval of the committee of creditors (CoC), the national company law tribunal (NCLT) and national company law appellate tribunal (NCLAT). P13...