MSVCRT.DLL causing application to fail loading , application failed to link with msvcrt.dll (entry point not found).

This will happen due to two reason

1) Visual C++  run-time is not installed properly

2) An Operating system  incompatible dll is used with the application (See all dlls are compatible and of correct version).

These may happen when situations like dlls for advanced version of OS is used in a lower version of OS if there is no problem with visual studio run time.