July 6 (Reuters) - Sears Canada Inc SCC.TO :
* Sears Canada to seek court approval of a sale and investment solicitation process, extension of stay period to October 4, 2017 and suspension of certain payments
* Sears Canada Inc- sale and investment solicitation process has an anticipated completion date for all transactions by October 25, 2017
* Sears Canada-to seek to extend stay period provided by initial order up to, including October 4 to allow for co's businesses to keep operating while sisp is implemented
* Sears Canada - filed motion materials regarding orders it intends to seek for restructuring under ccaa at comeback hearing scheduled for July 13, 2017
* Sears Canada-at hearing,will seek court approval for suspension of special payments towards defined benefit component of sears registered retirement plan
* Sears Canada Inc - at hearing, will also seek court approval for suspension of post-retirement health and dental benefits
* Sears Canada - purpose of sisp is to seek out proposals for acquisition of, or investment in, sears canada group's business, assets and/or leases Source text for Eikon: ID:nCNWbjYVsa Further company coverage: SCC.TO