The license server fails to start with error corresponding "exited with status 53 (this status is reserved but will never be generated)"
This error is generally seen when the corresponding Visual Studio runtime dependencies (libraries) are not installed on the system.
For safer side, kindly try with installing the VC2013 C++ redistributable libraries along with VC 2015 C++ redistributable libraries on the test system.
Match the VCXXX C++ redistributable libraries with the version of Visual studio installed on your test systems.
We already have
Installed on the system.
Solved - Thank You!