The Scottish Football League is set to meet early next week to discuss the financial crisis at Dunfermline and any possible sanctions they may face.
The Irn-Bru First Division club were placed in interim administration on Wednesday and several first-team players were made redundant on Thursday following a meeting with administrator Bryan Jackson.
The SFL could now opt to impose sanctions on the Pars, which may include the deduction of points.
SFL chief executive David Longmuir said: "The rules of the SFL have always been quite clear in that the board of the SFL treats every case on its merits, as we have done with Gretna, Livingston, Dundee and now another one.
"We will implement a tried and trusted process and that process will start in the next couple of days.
"We have already had conversations with Bryan Jackson of PKF and Jim Leishman, who is a good colleague and good friend.
"We could initiate a process and deliberation very early next week."
The administration process protects Dunfermline from the immediate threat of being wound up over a £134,000 tax debt.
Longmuir added: "I'm just delighted that the club has got an opportunity to survive and come through an event that is obviously very bad for everybody involved.
"We will work closely and do whatever we can."