Hello @SHIVRAJ,
This is only a personal recommendation, you will need to validate the performance of your product under the correct conditions.
Considering anything less than 50ms to be correct, I would use 2,000,000 ticks, this is, with a 48MHz clock, a little over 41ms for the recovery timeout.
Please considere that this value will depend on how you decide to handle the faults and how to recover them.
Let me know if this information was useful.