Hello Stanish,
I am also facing similar error with Code warrior 11.1 on windows 11 OS.
I have installed CW11.1 in a default folder (C:/Freescale/CW MCU v11.1) which has admin access rights.
As some blogs suggested, I have tried to install Visual C++ 2008 SP1 but it is no longer supported by Microsoft and also Windows11 doesn't support Visual C++ 2008 SP1.
Hence I have installed latest version of Visual C++.
But I am still getting the same error.
Sending you the diagnostic folder and the error Screenshot.