How to Resolve ACFS-03008 : The volume expansion limit has been reached?

Issue: ACFS Filesystem resize operation fails with "ACFS-03008: The volume could not be resized.  The volume expansion limit has been reached."

$acfsutil size +1G /oradata
acfsutil size: ACFS-03008: The volume could not be resized.  The volume expansion limit has been reached.
acfsutil size: ACFS-03216: The ADVM compatibility attribute for the diskgroup was below the required version (11.2.0.4.0) for unlimited volume expansions.

Analysis:

Compatible attribute for advm and rdbms is below the required version.

 SQL>  select group_number, name, value from v$asm_attribute where name like 'compatible%' ;

GROUP_NUMBER
------------
NAME
--------------------------------------------------------------------------------
VALUE
--------------------------------------------------------------------------------
           1
compatible.asm
12.1.0.0.0

           1
compatible.rdbms
11.2.0.0.0

           1
compatible.advm
11.2.0.0.0

           2
compatible.asm

12.1.0.0.0

           2
compatible.rdbms
10.1.0.0.0




Solution:

SQL> ALTER DISKGROUP DATA SET ATTRIBUTE 'compatible.advm'='11.2.0.4.0' ;

Diskgroup altered.

SQL>  ALTER DISKGROUP DATA SET ATTRIBUTE 'compatible.rdbms'='11.2.0.4.0' ;

Diskgroup altered.

Now verify the issue is resolved.
$ acfsutil size +10G /oradata
acfsutil size: new file system size: 603644231680 (575680MB)