Cryptic crossword clue
On the way, setter’s not taking object 12

The most common and most likely answer to this crossword clue is the 12 letter word INTRANSITIVE

I've seen this crossword clue in Financial Times
I
N
T
R
A
N
S
I
T
I
V
E

Buddy explains!

The straight part
We know that "not taking object" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case not taking object = intransitive.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does INTRANSITIVE mean?

INTRANSITIVE adjective
  1. (grammar, of a verb) not transitive: not having, or not taking, a direct object
  2. Not transitive or passing further; kept; detained

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