Unable to open pty: No such file or directory

When you try to enter the vps from the node, it gives the following error 

root@amaziah [~]# vzctl enter VEID
enter into CT VEID failed
Unable to open pty: No such file or directory

To resolve this,

root@amaziah [~]#vzctl exec VEID /sbin/MAKEDEV pty

root@amaziah [~]#vzctl exec VEID /sbin/MAKEDEV tty

root@amaziah [~]#vzctl enter VEID

Now to fix the issue for permanently, in the VPS edit /etc/rc.sysinit

#vi /etc/rc.sysinit

comment the line /sbin/start_udev  and add the following lines bellow that,

/sbin/MAKEDEV tty
/sbin/MAKEDEV pty

Now save the file. Then reboot the VPS.

root@amaziah [~]# vzctl restart VEID

 :)