1957798 - Update kernel failed, sapcpe.log contains "2, No such file or directory"

sapcpe returns the error:
*** ERROR: sapcpe: find <src> <PATH> failed, 2, No such file or directory,

Where the <PATH> is the wrong kernel folder.

After kernel upgrade, startsap fails with following messages.

1) startsap.log

=======================================================

Update local Kernel Files

-------------------------

(*****) Local: /usr/sap/<SID>/SYS/exe/run/sapcpe name=<SID>

(*****) system(/usr/sap/<SID>/SYS/exe/run/sapcpe name=<SID>) returns 1

(*****) Return-Code 1 in Local-Kernel-Update. See sapcpe.log.

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2) sapcpe.log

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Command line:

  0: /usr/sap/<SID>/SYS/exe/run/sapcpe

  1: pf=/usr/sap/<SID>/SYS/profile/<instance profile>

Trace level (profile): 1

** INFO:    Try to find file table sapcpeft (default:sapcpeft)

** INFO:    Try to find file table in the central directory /usr/sap/<SID>/SYS/exe/ctrun/sapcpeft

** INFO:    not found any file table.

*************************************************

source: /usr/sap/<SID>/SYS/exe/ctrun

target: /usr/sap/<SID>/SYS/exe/run

*************************************************

*** ERROR: sapcpe: find <src> /usr/sap/<SID>/SYS/exe/ctrun failed, 2, No such file or directory,

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DIR_CT_RUN DIR_EXECUTABLE DIR_INSTANCE sapstart startsap  , KBA , BC-CST-STS , Startup Service , BC-CST , Client/Server Technology , BC-INS , Installation Tools (SAP Note 1669327) , Problem