Salary deduction for absence for indendence day


In one of the offices, Salary for one day has been deducted for not attending Independence day celebrations held in the office. Many employees were not able to attend the said function due to various personal reasons. The Management has deducted  one day's salary for not attending Independence day celebrations.After the month end an internal circular has been served that  all employees must compulsarily attend to Independence day and Republic day celebrations failing which salary would be deducted. Is such circular applicable to the event which has occured in the past and whether it is applicable backdated? Is the act of the employer tenable in law? please advise.  what is the legal recourse available to the employees?

It is a co-operative bank established under Karnataka state co-operative societies act and the nature of work carried out is banking activities.  

 

 
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