In continuation of his arguments made before Bench of Justice D.Y. Chandrachud, Justice Surya Kant and Justice Sanjiv Khanna, the Attorney General Venugopal continued his arguments by stating about the 2015 amendment in Arbitration and Conciliation Act, 1996 which came into force in 1st January 2016.
Supreme Court observed that arbitrators must fixed upfront fees and there should be no re-fixation of fees in the middle of an arbitration proceeding while hearing a plea filed by the ONGC against the fixation of high fees by arbitrators during arbitration proceedings with the Afcons.