The issue is we are unable to Initialize the Report Engine in our
application. Though the application is able to reference the
'recom100.dll' dll.
Infact we are able to see the properties and methods of this report
engine in the Object browser.

BO Server contains a Report Engine Object that needs to be initialized
so that we are able to retrieve its properties and methods in our
application and use this in our application for our various purpose.
The problem is that, the Report Engine Object is not getting
Initialized Or Created, though it has the reference in the typeLibary
and we are able to view its properties and methods in VB's Object
browser.