The club hasn't been liquidated yet and won't be for another 8-10 weeks. Still plenty of time to punish them.
Also, some promising news from Graham Spiers:-
@GrahamSpiers: If current vibes are correct then Celtic, Dons, Hibs, D Utd, M'Well + St Mirren all set to vote RFC to Div 3. A dire fate - but a just one.