If we're talking about 5-10 minutes, that statement is meaningless.
My most recent experience with NetSol, I bought a domain from a NP member registered at NS and had it pushed into an old account of mine. No payment methods on file. I watched it like a hawk and transferred it out ASAP or shortly thereafter. While those "hoops" were a pain, if I remember correctly I got the Auth Code in about a week and was able to transfer it AWAY from NetSol without any real trouble.
However, about two decades ago I had to fight for nearly ONE YEAR to finally rescue a domain I had bought from a reseller who disappeared and left me with a name stuck with his contact information. That was quite a nightmare, but I persisted and saved the domain. I have very little faith in NetSol.