Referring to Same Issue 1 and Same Issue 2 I understood that Disabling Fast Boot and Editing grub.cfg is not my solution as I checked that.
I using Ubuntu 20.04 along with Windows 10 and was working fine for like a considerable amount of time till Windows wouldn't boot from this issue. I have my Boot Repair Diagnostics ready. Please let me know if any additional information is needed to diagnose the problem.
EDIT: My update-grub returns the following:
Sourcing file
/etc/default/grub' Sourcing file
/etc/default/grub.d/init-select.cfg' Generating grub configuration file ... Found linux image: /boot/vmlinuz-5.4.0-53-generic Found initrd image: /boot/initrd.img-5.4.0-53-generic Found linux image: /boot/vmlinuz-5.4.0-52-generic Found initrd image: /boot/initrd.img-5.4.0-52-generic Found Windows Boot Manager on /dev/sda1@/EFI/Microsoft/Boot/bootmgfw.efi Adding boot menu entry for UEFI Firmware Settings done
Still not fixing the issue.