BRIEF-EastCoal says Supreme Court approved co's sale of units

Jan 17 (Reuters) - EastCoal Inc ECX.V :

* Announces approval of court application

* Supreme court approved company's application for the sale of its subsidiaries

as announced on January 16

* Court issued company with a 46 day extension to make a proposal to its

creditors under the bankruptcy and insolvency act

* Source text for Eikon News Search ID:nMKW82731a

* Further company coverage ECX.V

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