CAST Management Studio - Launching CAST MS - Fatal Error - Can not set com castsoftware pmc DatabaseServer field to com castsoftware pmc LocalDatabase

Following error encountered while opening the CMS

Internal error occurred.
      The application is closing. Call CAST support now providing the log file at C:\Documents and Settings\SGP\Local Settings\Temp\CAST\CAST\7.0\CAST-MS107.log.txt

internalException : 
       Can not set com.castsoftware.pmc.DatabaseServer field com.castsoftware.pmc.Database.databaseServer to com.castsoftware.pmc.LocalDatabase

This error may have been encountered  when the CMS is corrupted.

You can check this by

1. Running below two queries on the MNGT

   SELECT object_id, count(*) FROM cms_dynamicfields WHERE field_guid = 'entry' GROUP BY object_id HAVING count(*) > 1
   

   SELECT object_id, count(*) from cms_inf_localdb GROUP BY object_id HAVING count(*) > 1
   

   In case the above queries return any rows, it means that the Management base is corrupt.

2. The best suggested solution is restore a backup of MNGT and proceed. Otherwise, without knowing how the MNGT is corrupted, it is difficult to repair