Copy/Paste feature is not working on MAC Lion

[Om_Prakash]

Error message 'can't be copied because there isn't enough free space' while trying to perform copy and paste guest and host OS Guest and Host OS is Lion. 50 space is free on guest OS and 500 GB free on Host OS.

 

[YanaYana]

Did you try to reinstall Parallels Tools? Virtual machine menu -> Reinstall Parallels Tools

 

[Om_Prakash]

Not worked

I tried re-installing Parallels Tools several times still issue not fixed.