Hello @Anand Franklin Sorry for the inconvenience caused!
This could be caused by the upload of a large file in a very low bandwidth availability, in this case we encourage implementing a retry-policy for blob Service, this post might be of help: https://github.com/Azure/azure-storage-node/issues/297
var retryPolicy = new AzureStorage.ExponentialRetryPolicyFilter();
var blobService = AzureStorage.createBlobServiceWithSas(…).withFilter(retryPolicy);
Also have you used this specific tutorial in the above scenario to make sure that you have enough bandwidth? https://learn.microsoft.com/en-us/azure/site-recovery/hyper-v-deployment-planner-overview
It could be that there are throttling rules in the internal network which maybe causing issues as well.