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H1 for Bailout opting companies

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  • H1 for Bailout opting companies

    Hi
    I am working on H1 with one of the company that opted for bailout.

    My current visa is till sep 2009.
    I have I797 approval till Apr 2011.

    I am visiting India and thinking of going for VISA restamping.

    I read recent news of preventing bailed out companies from hiring H1B holders.

    Should I go for stamping or not ? Will there be any effect of this law on my restamping?

    Can sombody please share thoughts ASAP.

    Thanks in Advance

  • #2
    The law has not come into effect yet since it is in discussion stage. I would recommend you to get the stamp before it becomes effective else avoid stamping.

    ajay

    Originally posted by nilrd
    Hi
    I am working on H1 with one of the company that opted for bailout.

    My current visa is till sep 2009.
    I have I797 approval till Apr 2011.

    I am visiting India and thinking of going for VISA restamping.

    I read recent news of preventing bailed out companies from hiring H1B holders.

    Should I go for stamping or not ? Will there be any effect of this law on my restamping?

    Can sombody please share thoughts ASAP.

    Thanks in Advance

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