Mohan,
We ran into this issue when we upgraded to 10.1 M040. Please check out this TS document and SPR, you might want to open up a TS case on it for guidance.
TS Document CS116343: https://www.ptc.com/appserver/cs/view/solution.jsp?n=CS116343&source=sprviewer
SPR 2168803: https://www.ptc.com/appserver/cs/view/spr.jsp?n=2168803&source=sprviewer