You may proceed for the Blanket L-1 stamping. However, I don't think you can enter the US until the completion of your 2 year home residency requirement.
Maybe a good idea for you to check with an attorney.
The U.S. consular section in New Delhi started accepting non-immigrant visa applications from applicants residing in the Chennai consular districts on March 22 last year.
Applications are only be accepted from applicants who apply in person, speak English fluently, have not previously been...
Check out this link, there are a whole lot of Q & A's here. You'll probably find something related to your situation
http://faq.visapro.com/L1-Visa-FAQ.asp
I first came to US on an L1-B visa and stayed here for 8 months. I then went back to my home country and came on an H1-B visa after 4 months. Will my L-1 stay count toward the 6 years of my H1-B stay?
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