Hi Prashant,
have you check if the FF-User is assigned to the FF-Controller and if the e-mail address of the Controller in GRC an the target System is correct?
Is the Controller determines as ff-responsible in "Access control Responsible"?
If everything is ok you can try to run the program GRAC_EAM_LOG_SYNC_TIMEBASED
Handling: http://scn.sap.com/thread/3583971
BR
Melanie