What happen if I resign current employer before receiving H1B transfer receipt?

[bvramesh219]

Hi,
My H1B extension is approved 8-Oct-2013. I have a new employment offer in hand. I have 3 weeks to join with new employer. I have to serve 2 weeks notice period to my current employer. I am trying to figuring out what is safest point of time to resign my current employer.

(1)...

[fsatire]

Hi,

My case status is as follows:
1) I am in US right now
2) My L1 expired on Jan 27, we have filed for extension for both me and my wife
3) My employer is applying for an H1 for me by this or next week.
4) The H1 will be applied based on my current project...