Re: TA 700 Engine Issues
Sump plugs don't blow out. They fall out either because they were not tightened up in the first place or they were overtightened and the thread has stripped. Either way, whoever touched it last needs to be beaten soundly and sent to the dole queue.
Rocker cover gaskets only blow out if they were never seated correctly in the first place or if there is IMMENSE crankcase pressure cause by blocked crankcase ventilation, too much oil, excessive blow-by or a combination of these.
Who serviced it last?
Name and shame so nobody else goes there 
Of course, the bike has now been run with no oil so the dealership ought to fund a complete engine strip/rebuild at a competent dealership of your choice.
XL650VY - TKC80's, Mivv Suono "silencer", Arrow Headers, PAIR system removed, 125 mains, Renthal 677 bars, MRA Vario Screen, Scottoiler, Honda Main Stand, Daytona Heated Grips, Sparkbright Charge Monitor
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