If you depart U.S. the COS is considered abandoned by the USCIS.
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If you do not work on L1 employer at all time during your travel to India and staying in India, your trip to India may turn out to be a one way journey. If your L1 employment ceases why you are in India or on your way into the United States, it also may turn out a prolonged 5-year stay outside of the United States. Hence, you should be very careful when you travel during the "conversion" process. You can travel to India, wait there until your H1B is approved and then visit a consulate and have an H1 visa foil issued to you. Then, you can come into the United States on H1B visa
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Hi! Hope that you are well. Once you leave the country your change of status will be denied based on the fact that USCIS will consider it abandoned it. Therefore, you will be left with only consulate processing. I would suggest that you sit down with an attorney so that timeframes and your current work situation could be better explained and therefore a better answer as to your travels could be had. You need to be careful. I would talk to someone before leaving. Good Luck.
the change of status from L to H will be denied once you leave the United States. If you are returning to the United States to resume employment with the L employer you may return on the L visa, however, before you may begin employment with the H employers, you will need to file change of status applications.