Question regarding the H1B extension on Green card I40

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X company filed my Greencard and I now have I140 approved and my H1 was extended for 3 years. But now I want to join Y company which is not willing to apply my greencard, they are only going to transfer only my H1. My question is when my H1 expires, can I extend my H1 on X company's I40?

Only if that I140 is not revoked.

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