I have below Model 
public class UploadImageAlbum
{
    public UploadImageAlbum()
    {
       Albums = new SelectList(Enumerable.Empty<SelectListItem>());
    }
    public List<HttpPostedFileBase> Images { get; set; }
    public string AlbumID { get; set; }
    public SelectList Albums { get; set; }
}
public class Album
{
   public string AlbumID { get; set; }
   public string AlbumName { get; set; }
}
public class Repository
{
   public static List<Album> FetchAlbums()
   {
        List<Album> albums = new List<Album>
        {
            new Album(){ AlbumID = "Album1", AlbumName = "Album 1 desc"},
            new Album(){ AlbumID = "Album2", AlbumName = "Album 2 desc"}
        };
        return albums;
    }
}
and I call this UploadImageAlbum in a separate model called AdminViewModel as below:
public class AdminViewModel
{
    public UploadImageAlbum UIAModel { get; set; }
}
and in Controller I try to fill this model as below:
public PartialViewResult GetMediaUploadView()
{
   AdminViewModel model = new AdminViewModel();
   List<Album> albums = Repository.FetchAlbums();
   model.UIAModel.Albums = new SelectList(albums, "AlbumID", "AlbumName");//Error here
   //Object reference not set to an instance of the object
   return PartialView("_UploadMedia", model);
}
I also tried
public PartialViewResult GetMediaUploadView()
{
   AdminViewModel model = new AdminViewModel();
        List<Album> albums = new List<Album>(); //Creating as new List
        albums = Repository.FetchAlbums();//then assign
        model.UIAModel.Albums = new SelectList(albums, "AlbumID", "AlbumName");
        return PartialView("_UploadMedia", model);
}
But again, I am getting same error. No idea for what reason I am getting this error, even after initializing in model level as well as Controller level. Hope someone might have good knowledge on this. Below is the screen shot of the error I am getting.
Update
Well I don't think this is the duplicate, as I am too aware that there are 'n' number of questions based on null reference, But the level where we get that null reference is what makes this question unique. Also I was in impression that, the SelectList was throwing error, turned out the problem to be different here. So I stand by with my question

 
    