As per your suggestions, I made the changes to my Eclipse.ini file as well as the remote host. Also, I launched the eclipse through command line and the output is as follows;
lawn-143-215-124-136:eclipse Mayur$ ./eclipse -clean -vmargs -XstartOnFirstThread
SCFinderPlugin(114): Unable to get bundle identifier.SCFinderPlugin(114): Unable to get bundle identifier.SCFinderPlugin(114): Unable to get bundle identifier.Msg: EventRequestManager - addEventRequest(): Request: Suspend request in status [UNKNOWN] for {0}.
Msg: EventRequestManager - addEventRequest(): Request: Suspend request in status [UNKNOWN] for {0}.
Msg: EventRequestManager - addEventRequest(): Request: Terminate request in status [UNKNOWN] for
{0}.
Msg: EventRequestManager - addEventRequest(): Request: Terminate request in status [UNKNOWN] for {0}.
Msg: EventRequestManager - addEventRequest(): Request: Stop debugger request in status [UNKNOWN] for {}.
**** Msg: AbstractEventManager - registerEventRequest(): Request: Suspend request in status [UNKNOWN] for {0}.
Msg: EventRequestManager - addEventRequest(): Request: Stop debugger request in status [UNKNOWN] for {}.
**** Msg: AbstractEventManager - notifyEventRequest(): Request: Suspend request in status [ERROR] for {0}.