Error "failed: Unable to create a VSS snapshot of the source volume. Error code 2147754774 (0x80042316)"

Symptoms :
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• Error "failed: Unable to create a VSS snapshot of the source volume. Error code 2147754774(0x80042316)"
• Convertor Logs shows following error : "a general system error occurred.Found dangling SSL error"
• Conversion fails at 1%

Purpose :
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•     To be able to convert from Physical Machine to Virtual Machine.
•     To be able to convert from Virtual Machine to Virtual Machine.

Resolution :
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• Placed the computer in clean boot state, disabled firewall, tried the conversion process again same issue.
• Tried to perform the cold cloning by attaching the virtual machine cd drive to the standalone convertor : Error no network driver found.
• Checked and found that the problem was related to the VSS service.
• Restarted the VSS service : same issue
• Tried to perform backup through Net backup utility : unable to take back up.
• Found following knowledgebase from the Microsoft website to fix the VSS : http://support.microsoft.com/kb/940184
• Installed and ran fixit , and was successfully able to start and complete the conversion process.