LIM Agent service is not starting

I tried to start Lim service using the following command running PowerShell as administrator. And I am receiving the above error in screenshot.

c:\lim\startLimService.ps1

I updated the host file and the server IP is 172.20.10.250 . Not sure if it has to do anything with the server IP as the server IP mentioned in the screenshot is 172.31.64.76