Please review the following note:
R12: "FRM-92101: There Was a Failure in the Forms Server During Startup" Error When Executing EXECUTE_QUERY in Forms (Doc ID 1111113.1)
Also ensure you are current on Forms 10.1.2.3 patches.
Upgrading OracleAS 10g Forms and Reports in Oracle E-Business Suite Release 12 (Doc ID 437878.1)
Issue was from development side. One profile option needs to be set properly,Developer changed it and it works now.