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Status of L1 when H1 stamping is done

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  • Status of L1 when H1 stamping is done

    Hi All,
    I Hope you are doing well.
    I am in US with L1 status from company A. I will be in US till July 2020. But my L1 VISA is valid till Aug 2021. I have recently applied for H1 from company B and it got picked in the lottery. If my H1 petition got approved and if I go for H1 VISA stamping after Oct 2020, I have below questions.
    1. If I go for H1 stamping will my L1 VISA get canceled even if my H1 stamping got rejected?
    2. If I go for H1 stamping and my H1 stamping got approved, then my L1 VISA will be canceled? If Canceled, will my company A will come to know that my L1 VISA got canceled?
    Thank you

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