Dear Nagaraja R,
If you have provided accommodation to the few employees then have you devised any code of conduct? Few companies make internal agreement with the employee on the terms and conditions of their stay in the company-provided accommodation. Have you done that?
Yes, physical assault, whether in drunken state or otherwise, is criminal offence. Nevertheless, do you have evidence of the assault? How you came to know the incident? Have you obtained pro forma statements from the accused and the survivor?
I recommend you conducting the domestic enquiry and if the offence is established then you may take action against the accused. The punishment could be termination from the employment also.
Thanks,
Dinesh Divekar