Town had been charged with failing to fulfil a fixture, but the Football League today confirmed that there would be no formal charges to answer.
Town's solicitors have been working hard behind the scenes to ensure the club were not fined or deducted points.
The coach carrying the Shrewsbury players was caught in a road accident on the way to Bury's Gigg Lane, and the game was abandoned.
To avoid sanctions from the Football League, Town have persuaded the FA that the circumstances could not have been avoided. They have also agreed to cover any shortfall suffered by Bury in the re-match a week today (February 8).