Upgrade Manager failed at "Error executing IncrementalUpdate Template migrator to update xml tag for principal reference" task while executing Update Container Templates in Windchill PDMLink

FATAL [main] com.ptc.windchill.upgrade.updates.UpdateRunner - com.ptc.windchill.upgrade.updates.UpdateExecutionException: Error executing IncrementalUpdate Template migrator to update xml tag for principal reference (#252574080-1597776155175-1753714541-1-0-0-127)
Nested exception is: (com.ptc.windchill.upgrade.updates.directives.directivesResource/39) com.ptc.windchill.upgrade.updates.DirectiveExecutionException: Method server code wt.org.PrincipalReferenceTemplateMigrator.null failed.  See nested exception for details
Nested exception is: wt.util.WTException: org.dom4j.DocumentException: /appl/ptc/Windchill_12.0/Windchill/loadXMLFiles/ext/xyz/ContainerTemplates/SOC-Prod/folder.xml (No such file or directory)
Nested exception is: org.dom4j.DocumentException: /appl/ptc/Windchill_12.0/Windchill/loadXMLFiles/ext/xyz/ContainerTemplates/SOC-Prod/folder.xml (No such file or directory)
INFO  [UpgradeEventFirer] com.ptc.windchill.upgrade.logging.UpgradeFrameworkLogger - Message: Stopping the server manager if it is up
INFO  [UpgradeEventFirer] com.ptc.windchill.upgrade.logging.UpgradeFrameworkLogger - Phase FAILED: Update Container Templates

ERROR [RMI TCP Connection(4)-127.0.0.1] wt.method.MethodContextMonitor.contexts.rmi wcadmin - 2023-04-01 05:53:24.559 +0000, 14wroblqo;lfxk07x9;1432906;in376u;11, -, -, -, wcadmin, 127.0.0.1, com.ptc.windchill.upgrade.updates.directives.ContainerTemplateServiceDirective$Server, invokeContainerTemplateServiceApi, , 0, 0, 0.0, 0, 0.0, 0.799906037, 10.942010988 wt.util.WTException: org.dom4j.DocumentException: /appl/ptc/Windchill_12.0/Windchill/loadXMLFiles/ext/xyz/ContainerTemplates/SOC-Prod/folder.xml (No such file or directory)