Current H1B denied. New petition from new employer


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I have a question in regards to  my scenario below

I have an approved I 140 from Employer A. I'm in my 7th year of H1-B extension and my recently filed extension petition was denied and i'm now back to India as my I 94 was expired.

I'm planning to file a new petition with Employer B. Can he file a new petition with my 140 approval from Employer A or Does the Employer B has to file for perm and 140 before he can apply for a new H1-B petition?

Thanks in Advance for your responses!

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