Error 0xC0000034 during Service Pack 1 installations for Windows 7 and Windows 2008 R2

Windows 7 SP1 is now available to WSUS and we might see this issue on the client machines:

Please refer the following links for more information:

https://blogs.technet.com/b/joscon/archive/2011/03/09/error-0xc0000034-during-service-pack-1-installations-for-windows-7-and-windows-2008-r2.aspx

https://windows.microsoft.com/en-US/windows7/why-am-i-receiving-message-system-components-missing