Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.
No need to resort to suicide at this stage, just a lot of work to be done. I assume that you cannot undertake these administrative matters yourself.
A. I would suggest that you only give 49% of the shares away leaving you with 51%; always a good idea, keeps you in control and remain as a director.
B. Why bother to appoint another director? Why not use a trusted local professional to cover these tasks? You will, of course have to pay them and, of course, the penalties. If you approach the organisations concerned and explain that you are sorting the mess out they may be lenient and reduce or even cancel the penalties. I know of a case where tentative agreement has been reached to file an old account, the treatment of which is in dispute, and cancel the penalties imposed.
C. Why bother, just use the existing company.
I do hope that you find my response of assistance. My advice is entirely ethical to boot! If you have further queries on what I have suggested please do not hesitate to follow up on this thread.