Jordan, who had saved the club from administration when he took over in 2000, had announced his intention to sell the club in 2008.
But when a sale failed to materialise, and with debts at around £30m, Sheffield firm P&A Partnership were appointed as administrators in late January 2010.
The resulting 10-point penalty deduction meant the club dropped from ninth place in the Championship to two spots above the drop zone.
But despite a painful administration process, during which highly-rated teenage striker Victor Moses was sold to Wigan, manager Neil Warnock left to join Queens Park Rangers, and 29 staff were made redundant, Palace - under new boss Paul Hart - stayed up thanks to last-day draw at Sheffield Wednesday.
In June, an agreement was reached for CPFC 2010, headed by fans Parish and Martin Long, to buy the club and its Croydon ground.
The deadline to appeal against Palace's Company Voluntary Agreement passed on 23 July with no creditors lodging an objecting.
And with Crystal Palace FC (2000) Limited now being replaced in the Football League by CPFC 2010, the end of a highly precarious and fraught time for the 105-year-old club has officially arrived.
Parish said: "We would like to thank Brendan and P&A for their expertise, diligence and hard work.
"The fact that Crystal Palace lives to fight another day is in no short measure due to their efforts."
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