It doesn't go against the rules. The rules have been applied. We were retarded enough to go into admin a couple of days after the cut-off when in relegation trouble already - that's our fault. I agree that it does feel a bit unfair though.
What is strange is that these rules were brought in to punish clubs gaining a competitive advantage by over-borrowing. Unfortunately, a lot of clubs will be going into admin for other reasons though.
The League would be better off scrapping these rules and introducing proper measures to regulate how clubs borrow and spend money.