Unable to adjust previous payments on GLIM Account

Currently, it is not possible to adjust payments on GLIM account which were made before Mifos 2.4.0.

Repro:
1. Login to Mifos.
2. Search for any Group Loan account (GLIM) which has payments made before Mifos 2.4.0.
3. Click on 'Apply adjustment' link.
4. Try to adjust any payment which were made in the past.

Expected result:
Payment can be successfully adjusted.

Actual result:
Payment cannot be adjusted because validation message appears: "The amount cannot be adjusted either because the status is not yet active or because a payment was received at the time of disbursement."