In 1892 S.P.C. started to put the 1887 registered S.P.C. into liquidation. S.P.C. was re-registered in 1894 and underwent internal reorganization. This reconstruction of the company might have been triggered by a trade mark litigation brought about by 'The Schultz Gunpowder Company Limited' in early 1892. The litigation centered on exclusive rights to who owned the words 'smokeless powder'. On 1 January 1892, S.P.C. incorporated a new company called The Smokeless Powder & Ammunition Company Limited. This newly registered company may have come about in case the litigation went against S.P.C. Also S.P.C. won a contract to supply the Indian government with Martin-Henry ammunition and probably wanted a company name to reflect that they were now producing ammunition. In 1892, S.P.C. was not only producing smokeless powders but also producing, loading and selling directly the complete cartridge.