Bisubscribe.exe command fails in TFS 2010 while registering web services

I found this issue in TFS 2010 on live production server. Consider the following scenario. You are using Microsoft Team Foundation Server 2010 and you attempt to subscribe to an event (BuildStatusChangeEvent or BuildCompletionEvent, for example) using the BisSubscribe.exe command line tool.    For example: “C:\Program Files\Microsoft Team Foundation Server 2010\Tools\bissubscribe /eventType BuildCompletionEvent /address http://IIServer/TfsEventSubscriber/BuildStatusChangeEvent /deliveryType Soap /server http://TfsName:8080/Tfs /collection Projects…