ORA-24908: invalid recipient presentation attribute
Cause : The subscription handle passed into the OCI call does not have a valid recipient presentation attribute.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Set the recipient presentation attribute using the OCIAttrSet() call
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.