Advanced Treasury Strategy: Liquidity Management Across Multiple Entities

Built for CFOs, group treasurers, finance controllers, late-stage founders and corp dev teams who run more than one legal entity. A group with ten companies and forty bank accounts can be cash rich on a consolidated basis and still miss a payroll in one subsidiary. This course shows how to get group-wide cash visibility, forecast liquidity entity by entity, and move money inside the group using the tools Indian law actually allows: inter-corporate loans under Sections 185 and 186 of the Companies Act, related party approvals, arm's length pricing, physical sweeps and in-house banking. It covers the tax traps (deemed dividend, TDS on interest, Section 94B thin capitalisation, GST on corporate guarantees), cross-border liquidity through FEMA and GIFT City treasury centres, a group investment policy for surplus cash, holdco versus opco borrowing, and liquidity stress testing, closing with lessons from IL&FS and DHFL and a full treasury blueprint for a five-entity Indian group.