This status code is set by Registrar and tells domain’s Registry to not activate your domain in the DNS and as a consequence, it will not resolve. It is an uncommon status that is usually enacted during legal disputes, non-payment, or when your domain is subject to deletion.
Often, this status indicates an issue with your domain that needs resolution. If so, you should contact your Registrar to resolve the issue. If your domain does not have any issues, but you need it to resolve, you must first contact your Registrar and request that they remove this status code.