How to fix start-up error: TIBCO-BW-CORE-000304: Unable to create 'BWApplicationHandle' due to invalid BWComponentHandle list. The argument of type 'List<BWComponentHandle>' must contain at least one BWComponentHandle.

I am getting an start-up error while trying to start the project locally, BW version 6.4.2 Appriciate any pointer on how to fix it: 

 

TIBCO-BW-CORE-000304: Unable to create 'BWApplicationHandle' due to invalid BWComponentHandle list. The argument of type 'List<BWComponentHandle>' must contain at least one BWComponentHandle.

 

Please note: I already have component added at right place and same code base was working earlier. I alo compared the code with the working code and there is no difference. I seems to me a product specific issue.

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