Can't launch QuestaSim simulation software

Hello,

I do have the same issue. My EDA tool option and license file setup as below.

License file setup

Error:

Info: Info: Starting NativeLink simulation with Questasim software
Error: Error: Can't launch QuestaSim Simulation software -- make sure the software is properly installed and the environment variable LM_LICENSE_FILE or MGLS_LICENSE_FILE points to the correct license file.
Error: Can't launch QuestaSim Simulation software -- make sure the software is properly installed and the environment variable LM_LICENSE_FILE or MGLS_LICENSE_FILE points to the correct license file.
Error: Error: NativeLink simulation flow was NOT successful
Info: Info: For messages from NativeLink scripts, check the file C:/intelFPGA_lite/21.1/counter_nativelink_simulation.rpt
Error (23031): Evaluation of Tcl script c:/intelfpga_lite/21.1/quartus/common/tcl/internal/nativelink/qnativesim.tcl unsuccessful
Error: Quartus Prime Shell was unsuccessful. 4 errors, 0 warnings
Error: Peak virtual memory: 4743 megabytes
Error: Processing ended: Fri Jan 7 06:25:04 2022
Error: Elapsed time: 00:00:01
Error: Total CPU time (on all processors): 00:00:00
Error (293001): Quartus Prime Full Compilation was unsuccessful. 6 errors, 13 warnings

>>>>>>>>>>>>>>>>

Below is the error when tried to launch

Tools>Run Simulation Tool> RTL simulation

Please help me to resolve the issue.

Regards

Sri RK