Third-party cloud asset import not generating renditions. OakState0001: Unresolved conflicts error

We have integrated third party cloud asset import in AEMaaCS, as soon as the image sync happens, the image is imported but renditions are not generated for the same.

Logs:

com.day.cq.dam.api.AssetManager Stack Trace:
javax.jcr.InvalidItemStateException: OakState0001: Unresolved conflicts in /content/dam/image
at org.apache.jackrabbit.oak.api.CommitFailedException.asRepositoryException(CommitFailedException.java:238) [org.apache.jackrabbit.oak-api:1.48.0.T20230202132234-aa49252]
at org.apache.jackrabbit.oak.api.CommitFailedException.asRepositoryException(CommitFailedException.java:213) [org.apache.jackrabbit.oak-api:1.48.0.T20230202132234-aa49252]
at org.apache.jackrabbit.oak.jcr.delegate.SessionDelegate.newRepositoryException(SessionDelegate.java:737) [org.apache.jackrabbit.oak-jcr:1.48.0.T20230202132234-aa49252]
at org.apache.jackrabbit.oak.jcr.delegate.SessionDelegate.save(SessionDelegate.java:551) [org.apache.jackrabbit.oak-jcr:1.48.0.T20230202132234-aa49252]
at org.apache.jackrabbit.oak.jcr.session.SessionImpl$9.performVoid(SessionImpl.java:457) [org.apache.jackrabbit.oak-jcr:1.48.0.T20230202132234-aa49252]
at org.apache.jackrabbit.oak.jcr.delegate.SessionDelegate.performVoid(SessionDelegate.java:299) [org.apache.jackrabbit.oak-jcr:1.48.0.T20230202132234-aa49252]
at org.apache.jackrabbit.oak.jcr.session.SessionImpl.save(SessionImpl.java:454) [org.apache.jackrabbit.oak-jcr:1.48.0.T20230202132234-aa49252]
at com.adobe.granite.repository.impl.CRX3SessionImpl.save(CRX3SessionImpl.java:220) [com.adobe.granite.repository:1.8.70]
at com.day.cq.dam.core.impl.AssetManagerImpl.createOrUpdateAsset(AssetManagerImpl.java:341) [com.day.cq.dam.cq-dam-core:5.13.498]
at com.day.cq.dam.core.impl.AssetManagerImpl.createOrUpdateAsset(AssetManagerImpl.java:260) [com.day.cq.dam.cq-dam-core:5.13.498]
at com.day.cq.dam.core.impl.AssetManagerImpl.createAsset(AssetManagerImpl.java:247) [com.day.cq.dam.cq-dam-core:5.13.498]