"The custom form could not be opened. Outlook will use an Outlook form instead. The form required to view this message cannot be displayed. Contact your administrator"
OR

Solution 1:
To resolve this, the forms cache can be cleared or the forms can be deleted.
In Outlook 2010, follow the steps below:
Solution 2:
Solution 3:
Unload the Antivirus Agent and test the behavior of the retrievals.
If the issue resolves by unloading the AV agent, then do the following.
1. Collect Procmon logs while reproducing the issue to find out the folders and files that are scanned by AV and contact the Anti-Virus Vendor to review the Anti-Virus Exclusions.
2. In this scenario, the following location must be excluded from the AV scan.
C:\Users\Username\AppData\Local\Microsoft\FORMS\FRMCACHE.DAT
3. Any IPM.NOTE.EnterpriseVault.* subfolders should also be excluded from the AV scan.
By default, the Enterprise Vault Outlook forms are stored in the Personal Forms library. In some instances, these forms are either not downloaded properly or have some underlying problem.