A closer look at semistability for singular principal bundles

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We substantially refine the theory of singular principal bundles introduced in a former paper. In particular, we show that we need only honest singular principal bundles in our compactification. These are objects which carry the structure of a rational principal bundle in the sense of Ramanathan. Moreover, we arrive at a much simpler semistability condition. In the case of a semisimple group, this is just the Gieseker-version of Ramanathan's semistability condition for the corresponding rational principal $G$-bundle.
To appear in the International Mathematics Research Notices. V2: Minor corrections

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