I have managed to solved this problem yesterday with the help of Ubuntu Support 
system on Telegram..
The problem in my case was the incorrect error in the ISO image that I 
downloaded from the official repo.
This error might have creeped in while I was downloading the iso in parts 
through IDM.
With the help of the Checksum correction I managed to fix the error of the ISO 
image. I used qtorrent and downloaded the partially incomplete and missing 
piece of the ISO.
I have already installed and I'm currently running Impish Indri with zero 
problem...
Thank you everyone!
Impish Indri was a superb release..

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https://bugs.launchpad.net/bugs/1948349

Title:
  Ubuntu 21.10 Kernel Panic error.. Unable to boot from Live USB
  installer

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