Srinagar, April 12 -- "Unless the adjudicating forum is readily, easily and regularly available, it can prejudicially affect their right to easy access to justice which appears to be in the position in the present cases where a large number of petitioners have approached this Court alleging irregular/malafide/illegal acts on the part of the Banks/financial institutions by violating provisions of the SARFEASI Act," said a bench of Chief Justice N. Kotiswar Singh and Justice Wasim Sadiq Nargal while holding as "maintainable" at least 46 writ petitions filed by borrowers and the guarantors questioning, amongst others, that though there is a statutory remedy available, it is of a limited nature and not efficacious.

"We hold that these writ p...