CBLR Reg 6 / F Card Exam 2025 Form Submission CBLMS General Prior Guidelines : PSP Academy

Summary

The speaker provides detailed instructions on applying for a license via the CBLMS portal. He explains the importance of deciding the business format—proprietorship, partnership, or company—before filing the application. Key points include acquiring necessary registration proofs, such as MSME or Shop and Establishment Act certificates. The speaker emphasizes that applications should be filed after October 22, 2024, and stresses the need for a sound mind certificate from a registered medical practitioner, along with other essential documents like address proof. The session also highlights steps for smooth application filing and future guidance.

Takeaways

• 📜 The notification informs that the application process for the license exam must be done through the CBLMS portal.
• 📅 The exam application process will start after October 22, so there is no need to apply earlier.
• 🏢 Applicants must decide whether to apply for the license under a proprietorship, partnership, or company format.
• 👤 If applying as a proprietorship, you need proof of registration like MSME, GST, or registration under the Shop and Establishment Act.
• 📝 The name of the proprietorship can be formalized by adding 'M/s' before the applicant's name.
• 🔄 The proprietorship can be converted later into a partnership or company if necessary.
• 📑 The license application will only be valid if registered with the parent commissioner's office for two years, and interviews will be held there.
• 📋 Various documents are required for the application, such as proof of existence of the proprietorship, partnership, or company.
• 🧠 A 'Sound Mind Certificate' must be uploaded for the application, and it should be obtained from a registered medical practitioner.
• ⚠️ Caution against applying without full preparation, as incomplete applications can lead to complications.

Q & A

What is the primary focus of the discussion in the script?

The discussion focuses on the process of applying for a custom broker license, specifically the format of the application (proprietorship, partnership, or company) and the documents required for the same.

What are the three possible formats in which a license can be applied for?

The three possible formats for applying for a license are: Proprietorship, Partnership Firm, and Company.

What document is required to prove the existence of a proprietorship?

To prove the existence of a proprietorship, you need to provide one of the following documents: MSME registration, GST number, or registration under the Shop and Establishment Act.

Why is it recommended to apply for the license as a proprietorship at first?

It is recommended to apply as a proprietorship because it is easier to convert a proprietorship into a partnership or a private limited company later if needed.

What is the deadline to apply for the license?

The application forms for the license can only be filed after October 22, 2024, and should not be submitted earlier.

Why is obtaining a GST number optional at this stage?

Obtaining a GST number is optional because once a GST number is obtained, the applicant must file monthly returns, which can add extra liability. It’s only necessary when a license is officially granted.

What is the importance of selecting the correct parent commissariat during the application?

Selecting the correct parent commissariat is crucial because the applicant will work under that specific commissariat for the first two years, and their interview will also take place there.

What additional certification is required apart from the business registration?

A sound mind certificate is required, which must be issued by a registered medical practitioner. This document proves that the applicant is mentally fit.

How should the address proof be provided for the application?

Applicants must provide an address proof of the place they are applying from. If they do not have a proper address proof, they should arrange for a rent agreement as proof.

What steps should applicants take before October 22 to ensure a smooth application process?

Applicants should ensure they have their proprietorship or business registered, a sound mind certificate, and address proof ready before October 22. They can also complete MSME or Shop and Establishment Act registrations.