Explanation:

• Recently, Union Finance Minister announced the 5th and last Tranche of measures towards Government Reforms and Enablers under Atma Nirbhar Bharat Abhiyaan.
• Under this Decriminalisation of Companies Act violations involving minor technical and procedural defaults such as shortcomings in CSR reporting, delay in holding of AGM etc. to de-clog the criminal courts and NCLT. Hence statement 1st is correct.
• Ease of Doing Business for Corporates: Key reforms include –Direct listing of securities by Indian public companies in permissible foreign jurisdictions. Hence statement 2nd is correct.
• Private companies which list NCDs on stock exchanges not to be regarded as listed companies. Power to create additional/ specialized benches to be granted for NCLAT.