Dev, I think you will find that the invert switch does not do what you want all the time- the reason for this is that about half of all recordings made are out of phase. There is absolutely no reason for concern about the equipment with the switch in either position.
FWIW, the industry standard for XLRs is: Pin 1 ground, pin 2 non-inverting, pin 3 inverting.
FWIW, the industry standard for XLRs is: Pin 1 ground, pin 2 non-inverting, pin 3 inverting.