Audit not done for past 5 years- balance sheets not signed

Satish (EA) (29 Points)

13 June 2012  
Our company was raided by Income Tax for alleged to have been involved in defence deals. The director was also raided apart the registered office of the company. After the IT raids the company stopped filing IT returns, balance sheet and other statutory documents with IT, ROC etc as the other director stopped coming to office after the raids, and single director could not take any action. The dummy shareholders also discharged and washed there hands as the company is suspected to be a dummy company involved in defence dealings. The remaining single director also died few months back. In his bank lockers/ home/ farm house DGIT Investigations found Rs 10 Crores apart accounts in foreign bank etc. The legitimate dues to employees are not paid after 2009 till now. Can someone please help us what to do, as the Auditor is getting the assessments done on the basis of tax audit and not by giving Income Tax requirement of audited balance sheet. The balance sheet after 2008-09 are also changed to suit the auditor. The details are also available that the auditor is not completing the paperwork because he demands a handsome compensation for signing back dated balance sheets 2006-07 onwards till 2011-12 and blackmailing the promoters. All this is happening and and the employees are suffering because of non payment of salary after 2009 august. Fraudalent documents, minutes, egm, agm papers are being made and directors are being appointed back dated as the auditor is hand in glove with the promotors. The company status in MCA site is dormant. The employees are suffering... Can someone suggest where should the employee go for his greivance and how can this corporate crime be stopped.....