The specified program requires a new version of Windows. (Exception from HRESULT:0x8007047E)

Scenario: I have a custom list definition based on which I want to create some lists and associate OOB approval workflow with them for content approval. In the schema.xml file for my custom list definition (based documents library i.e., basetype=1), I set ModeratedList=“True” attribute among others (see in the code snippet below) <List xmlns:ows=”Microsoft SharePoint” […]

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