Without the workbook , it is difficult to give an accurate answer ; all that is clear is that there is some problem in Sheet3 of the workbook ; can you copy it to a new workbook , save that workbook , reopen it and see if you get the same error with that workbook ?
Hi Narayan
The sheet is part of a workbook that is quite customised - lots of Data validation / macros etc.
This sheet 3 is probably at the heart of the workbook.
Will copying it out and trying it be useful/
Otherwise , if you can upload the entire workbook , please do so.
Another possibility is saving in .xlsb format , and seeing if the same error appears when you open the .xlsb file ; yet another option is saving it under a new name after selecting the Save As option , reopening the new file and seeing what happens.