OCI : Network Service Fails To Start with Error "No such file or directory" and "command not found"

Applies to:

Oracle Cloud Infrastructure - Version N/A and later

Oracle Linux x86-64

Goal

To start the network service successfully without failure

Symptoms

Below error is seen while starting the network service, Due to network service in failed state, system becomes hung every 24 hours as dhclient process not running on the system

Dec 01 13:23:47 xxxx network[1872]: ./network-functions: line 14: /etc/init.d/functions: No such file or directory
Dec 01 13:23:47 xxxx network[1872]: /etc/rc.d/init.d/network: line 62: apply_sysctl: command not found
Dec 01 13:23:47 xxxx network[1872]: /etc/rc.d/init.d/network: line 85: action: command not found
Dec 01 13:23:47 xxxx network[1872]: /etc/rc.d/init.d/network: line 142: action: command not found
Dec 01 13:23:47 xxxx network[1872]: ./network-functions: line 14: /etc/init.d/functions: No such file or directory
Dec 01 13:23:47 xxxx network[1872]: /etc/rc.d/init.d/network: line 183: apply_sysctl: command not found
Dec 01 13:23:47 xxxx systemd[1]: network.service: control process exited, code=exited status=1
Dec 01 13:23:47 xxxx systemd[1]: Failed to start LSB: Bring up/down networking.
Dec 01 13:23:47 xxxx systemd[1]: Unit network.service entered failed