Adobe Media Encoder cannot export After Effects Project

After recently updating from Adobe After Effects and Media Encoder CC 2019 to CC 2020, After Effects worked perfectly fine. I was able to edit old projects and create new projects as well. After finishing up an old project that I started in CC 2019, I went to add it to Adobe Media Encoder Queue. At first,
it wouldn't show up so I decided to manually add the project to the queue by importing it. I then got the message shown below.

I have also tried to add it to AME from render queue and it would show up but fail. I also cannot render it through render queue since After Effects crashes midway. Any help would be very much appreciated!!