Farhan

I am not a lawyer but that is quite a big ask for free....
If there is no budget for legal fees etc why not just keep is simple

until there is.
What are you trying to achieve with the convertible loan? If you could

say what that goal is maybe there is another cheaper easier way to

achieve the same end.
Good Luck
Andrew Cazalet

Chartered Tax Adviser

T - 020 8584 5319

F - 0870 8550453

EM - [address removed] -

W - www.lidotax.co.uk