Wrinkling and pulling up of the paint film due to swelling.
Possible Causes
A coating with a strong solvent has been applied on top of alkyd paint. Make sure that solvent of over coating paints are compatible with the existing underlying coating.
Prolonged contact with solvent spillage or solvent impregnated cloth.
Accidental contact of coating surface with a paint remover.
How Can I Fix This Problem
Remove loose and lifting paint. Repaint as per manufacturers instructions.