Have you executed in same session?
Check with below query regarding to the priv on the object.
select * from DBA_TAB_PRIVS where TABLE_NAME like 'JTF_PF_PARAMS_TABLE';
Error: ORA-01720: grant option does not exist for 'APPS.JTF_PF_PARAMS_TABLE'
do this as apps user first
grant all on APPS.JTF_PF_PARAMS_TABLE to jtf with grant option;
Hi Pravin / Kirushna,
Thanks, I tried the above query and now the issue got resolved. once again thanks for your timely help.