How long does it take for Revocation of H1B to complete?

You apply for COS to h-4 from H-1. You do not revoke anything, it is the petitioning employer that would revoke. In this situation no revocation is...

Can a person who entered the US with a B1/B2 visa and overstayed apply for the DV visa lottery? If not what are her options?

While she can apply, even if she is a selectee she will not be able to adjust status since she is out of status. Whether there are other options...

I overstayed my visa 2012 at 17 years of age.can I re enter with no problems

You will have issues because you previously overstayed your visa.

Is there any advantage of having us citizen child on h1b-h4 stamping?

USCs are not eligible for US visas.

How does the process for H1B to H4 back to H1B for Canadians work?

Same process and timing as everyone else. She would file for COS to H-4. Yes, if she applies she will be cap exempt if applied for during the...

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Got offered a new job but need to transfer the H1B during the shutdown

Correct, there is no current guidance from the service regarding filing with an uncertified LCA.

Can i do a batchelors degree when i am on h4?

Yes, under both so long as you maintain status.

One to two weeks.

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Rules and norms to transfer my H1 from my present company who filed H1 with any other company

There is no transfer. Potential employer will need to file a new H-1 on your behalf. Once filed you will be eligible to work for new employer....

I am on L2 visa do I need to submit my I 797 for extension?

You need to submit both prior approval notices.