With reference to anti-defection law in India, consider the following statements:

1. The Supreme Court has interpreted that in the absence of a formal resignation by the member, the giving up of membership can be inferred by his conduct.

2. Supreme Court in Kihoto Holohan Case, 1992 stated that the Decision of the Presiding officer is not subject to Judicial Review.

Which of the statements given above is/are correct?