Applying L1A (blnkt or indvl) after L1B (blnkt) extension is denied

My employer (a top class Indian MNC) is planning to apply for an extension of my L1B (blanket) and I’m in India. (Petition is expiring in Feb 2013 and I’ve utlized it by staying 11 months in USA)

I want to ask that if my extension is denied than can I immediately apply for a L1A (individual or blanket)?

There is nothing called extension when your back from L1A blanket. If your in US then extension is possible. Now your company will file new blanket petition only. If that petition is denied you can apply for the individual one.