Symantec : LiveUpdate encountered one or more errors, live update failed ( Return code = 2 or Return code = 4)

  You may come across this kind of error when you try to configure sepm live update through a proxy server.   This happened to recently and i was desperate to find a way out. Finally got it up and running, Let see the  cause and remedy of that error... 4:13:06 PM IST:  Retry timestamp is over the maximum retry window, switching to regular schedule run.  [Site: mysepmserver]  [Server: mysepmserver]4:13:03 PM IST:  LiveUpdate failed.  [Site: mysepmserver]  [Server: mysepmserver]4:13:03 PM IST:  LUALL.EXE finished running.  [Site: mysepmserver]  [Server: mysepmserver]4:13:03 PM IST:   Return code = 2.  [Site: mysepmserver]  [Server: mysepmserver]4:13:02 PM...

Read more »