New Delhi, Sept. 26 -- The Supreme Court on Friday dismissed appeals challenging JSW Steel Ltd.'s Rs 19,700 crore resolution plan for Bhushan Power and Steel Ltd (BPSL) in Kalyani Transco v. Bhushan Power & Steel Limited.

A Bench comprising Chief Justice, India, BR Gavai and Justices Satish Chandra Sharma and Vinod Chandran observed that delays in implementation were not attributable to the Committee of Creditors (CoC) or the successful resolution applicant (SRA).

"Commercial wisdom cannot be interfered with.Once the resolution plan is approved by the CoC, permitting any claims to be reopened will amount to committing violence on provisions of law," the Bench said.

The Court also noted that JSW Steel's significant investments in turnin...