The Arbitrator fee and the number of hearings with duration for each has to be broadly considerd by Court while appointment of arbitrator itself.
Also in the propsed amendments section 80 of AC Act 1996 there is a bar for the concilator to act as arbitrator and needs to be considered for amended. In fact to minimize the cost of litgation in the US and eupore, the law provides for the concilator to arbitrate and resolve the dispute.
Many countries have moved forward from Model Law adopted by the United Nations Commission on International Trade Law (UNCITRAL) in 1985.
Many of the Alternate Dispute Redressal forums provide for same members to concilate and arbitrate to reduce cost of litigation.
The post award legal mechanism is time consuming and costly as well with no immediate relief to the awardee.