Hi Daljeet,
the action itselve doesn't need any Parameters, have you set the RequestFireOnInitialization Property of the Inport to True?
Or maybe there is no instance of the Object Loaded(this would cause a ShortDump, when you try to open the EC) in this case you would have to create an Instance or load an existion one before calling the action. An action can only be called on an Instance of the object.