Can't create an Asset warranty. Asset Start Date does not defined (SBL-SFS-00219)

Siebel 8.1.1.11 SIA [23030]

I would like to create Asset Waranty on FS Asset Warranty View (Asset Mgmt - Asset Detail Applet - Header; FS Asset Warranty List Applet)

Prerequisites

1) Asset has both Ship Date and Registered Date on UI -  Ship Date is filled where as Registered Date is null

2) For Asset product there are 2 type of Warranties available:

     a) Type=Standard, Start Date Type=Ship Date

     b) Type=Stadard, Start Date Type=Registered Date

Steps to get the error:

1) Navigate to Assets -> Warranties (FS Asset Warranty View)

2) On the FS Asset Warranty List Applet click New (to create new Warranty for Asset)