The Company formed the ICC to meet the requirements of the POSH Act – but it did not include an external member. In this situation, is the committee valid?

The Company formed the Internal Complaints Committee (ICC) to meet the requirements of the POSH Act - 2013, but it did not include an external member. In this situation, is the committee valid? 
NO. 

As per the POSH Act of 2013, every ICC must include at least one external member who is not associated with the organization or does not work in the same industry.