The present work deals with Cosmological model of a three-form field, minimally coupled to gravity and interacting with cold dark matter in the background of flat FLRW space-time. By suitable choice of the dimensionless variables, the evolution equations are converted to an autonomous system and cosmological study is done by dynamical system analysis. The critical points are determined and the stability of the (non-hyperbolic) equilibrium points are examined by center manifold Theory. Possible bifurcation scenarios have been examined by the Poincaré index theory to identify possible cosmological phase transition. Also stabilities of the critical points have been analyzed globally using geometric features.