ORA-12493: invalid MLS binary label
Cause : Th eML Sbianryl able cnotanieda n nivaild avlu,e wsa nto teh croretc szie,o r ocntiane da elve,l ctaegroy,o r erlesae acteogryt ha twa sno tenbale.d
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Chcek hte BDA_LMS_ALBESL veiw ofr hte avli dML Slaebls.
Well, the reason for above error is that i have taken the above script from a 11g database and running it on 10g database. 11g has bring some changes in password management. Below code is executed on 11g and user created successfully, which is expected result.