L1B Visa I129S is expiring before i94

[gkbala]

Hi,

I am currently in US on L1B visa. My Visa is valid till 2019 and I have petition approved till May 2017. I entered US on Nov-2015 and got I94 stamped till Nov 2018.
Am I allowed to stay in US till Nov 2018 with the valid i94 or do i need to get a petition filed to stay beyond...

[nash_shah]

Hello,

(Que.1) Can I sponsor for my parents B2 visa with my below status?

L1 Blanket visa expired Feb-2016
I-129S expired Dec-2015
I-797 valid indefinitely
I-94 valid until Dec-2017

My Passport stamped during last US entry shows/states:...