In this quatrain, Sultan Bahoo is elaborating the conditions of the throne of Divine guidance and persuasion:

Nowadays it has become a custom that anyone can claim to be a perfect spiritual guide. They start giving invocation and contemplation of Ism-e-Allah Zaat and spiritually train people without having its capability and permission from the Prophet. It is the principle in the path of Faqr that when the perfect spiritual guide’s time to depart from the world comes, he presents in the Mohammadan Assembly the most sincere and capable of his devotees. The Prophet is the sole authority who grants the treasure of Faqr hence he bestows upon the chosen seeker the inspired knowledge and permits the guide to train the seeker to accede to the throne of Divine guidance and persuasion. Then the spiritual guide starts his training inwardly. When the seeker’s training is completed, the spiritual guide departs from this world granting his throne of spiritual guidance and persuasion to the chosen seeker. Now it becomes obligatory upon that seeker, the new spiritual guide to grant gnosis as well as the invocation and contemplation of Ism-e-Allah Zaat to the seekers of Allah. The person who does not follow this pattern and on his own accord starts this practice, ultimately becomes a madman, apostate and pagan and his end is horrendous. We have a lot of examples scattered around us. Such a person, though worships for hundreds of years but his hard mystic exercises cannot remove the veil from his inward because he has made superficial wishes his god and has occupied the throne of guidance to accumulate wealth from people. May I sacrifice myself for the true seekers of Allah who have gained union with Allah and have reached the destination in Faqr!

Another explanation of these verses is:

A person who adopts the path of Faqr without its true knowledge eventually becomes a madman and a pagan. Without the perfect spiritual guide even if a person worships for hundreds of years, he cannot attain gnosis of Allah. Despite every effort veils from the inward cannot be removed and he will remain ignorant. May I sacrifice myself for the seekers of Allah who have gained union with Him and have reached the destination in Faqr!