DM-Multipath is unable to create multipath devices and shows the error message - 'device-mapper: message ioctl failed: No such device or address'

Issue

• multipath -v4 command fails to create the multipath devices and reports following error messages:

  Found matching wwid [360011118011f03290800000000001116] in bindings file.
  Setting alias to mpath9
  [...]
  libdevmapper: ioctl/libdm-iface.c(2022): device-mapper: message ioctl failed: No such device or address
  DM message failed [queue_if_no_path
  ]