If you may have missed the mark and found yourself obliged to pay your creditors back, but you’re unable to do so. Then you will be considered as business debt defaulters. You could be facing a cash crunch at the moment, or it’s equally possible that you’ve made some unnecessary business purchases in the past, which lowered your financial ability to pay your debts on time.
@ https://creditq.in/page/report-business-credit-defaulters