AWX 23.6 install fails when using docker-compose

**AWX 23.6 install fails when using docker-compose **.
Hello Team
I am trying to install AWX 23.6, 22.0 and few other using docker-compose tools
My Env

  • Docker version 20.10.25
  • docker-compose version 1.29.2
  • ansible [core 2.15.9]
  • python3.9
  • EC2 AL2
make docker-compose-build > Creates the image 
docker images
REPOSITORY                  TAG       IMAGE ID       CREATED          SIZE
ghcr.io/ansible/awx_devel   HEAD      07de86ce04b4   26 minutes ago   1.82GB

But
make docker-compose
Keeps running without stopping and i see the following error in the logs

tools_awx_1 | make[1]: Entering directory '/awx_devel'
tools_awx_1 | Traceback (most recent call last):
tools_awx_1 |   File "/var/lib/awx/venv/awx/bin/daphne", line 8, in <module>
tools_awx_1 |     sys.exit(CommandLineInterface.entrypoint())
tools_awx_1 |   File "/var/lib/awx/venv/awx/lib64/python3.9/site-packages/daphne/cli.py", line 170, in entrypoint
tools_awx_1 |     cls().run(sys.argv[1:])
tools_awx_1 |   File "/var/lib/awx/venv/awx/lib64/python3.9/site-packages/daphne/cli.py", line 232, in run
tools_awx_1 |     application = import_by_path(args.application)
tools_awx_1 |   File "/var/lib/awx/venv/awx/lib64/python3.9/site-packages/daphne/utils.py", line 12, in import_by_path
tools_awx_1 |     target = importlib.import_module(module_path)
tools_awx_1 |   File "/usr/lib64/python3.9/importlib/__init__.py", line 127, in import_module
tools_awx_1 |     return _bootstrap._gcd_import(name[level:], package, level)
tools_awx_1 |   File "<frozen importlib._bootstrap>", line 1030, in _gcd_import
tools_awx_1 |   File "<frozen importlib._bootstrap>", line 1007, in _find_and_load
tools_awx_1 |   File "<frozen importlib._bootstrap>", line 986, in _find_and_load_unlocked
tools_awx_1 |   File "<frozen importlib._bootstrap>", line 680, in _load_unlocked
tools_awx_1 |   File "<frozen importlib._bootstrap_external>", line 850, in exec_module
tools_awx_1 |   File "<frozen importlib._bootstrap>", line 228, in _call_with_frames_removed
tools_awx_1 |   File "/awx_devel/./awx/asgi.py", line 12, in <module>
tools_awx_1 |     prepare_env()  # NOQA
tools_awx_1 |   File "/awx_devel/./awx/__init__.py", line 107, in prepare_env
tools_awx_1 |     if not settings.DEBUG:  # pragma: no cover
tools_awx_1 |   File "/var/lib/awx/venv/awx/lib64/python3.9/site-packages/django/conf/__init__.py", line 102, in __getattr__
tools_awx_1 |     self._setup(name)
tools_awx_1 |   File "/var/lib/awx/venv/awx/lib64/python3.9/site-packages/django/conf/__init__.py", line 89, in _setup
tools_awx_1 |     self._wrapped = Settings(settings_module)
tools_awx_1 |   File "/var/lib/awx/venv/awx/lib64/python3.9/site-packages/django/conf/__init__.py", line 217, in __init__
tools_awx_1 |     mod = importlib.import_module(self.SETTINGS_MODULE)
tools_awx_1 |   File "/usr/lib64/python3.9/importlib/__init__.py", line 127, in import_module
tools_awx_1 |     return _bootstrap._gcd_import(name[level:], package, level)
tools_awx_1 |   File "<frozen importlib._bootstrap>", line 1030, in _gcd_import
tools_awx_1 |   File "<frozen importlib._bootstrap>", line 1007, in _find_and_load
tools_awx_1 |   File "<frozen importlib._bootstrap>", line 986, in _find_and_load_unlocked
tools_awx_1 |   File "<frozen importlib._bootstrap>", line 680, in _load_unlocked
tools_awx_1 |   File "<frozen importlib._bootstrap_external>", line 850, in exec_module
tools_awx_1 |   File "<frozen importlib._bootstrap>", line 228, in _call_with_frames_removed
tools_awx_1 |   File "/awx_devel/./awx/settings/development.py", line 21, in <module>
tools_awx_1 |     from .defaults import *  # NOQA
tools_awx_1 |   File "/awx_devel/./awx/settings/defaults.py", line 1070, in <module>
tools_awx_1 |     from ansible_base import settings  # noqa: E402
tools_awx_1 | ImportError: cannot import name 'settings' from 'ansible_base' (/var/lib/awx/venv/awx/lib64/python3.9/site-packages/ansible_base/__init__.py)
tools_awx_1 | make[1]: Leaving directory '/awx_devel'

Can you please let me know how to fix this or suggest a stable version for which docker-compose installation works.

NOTE: K8S installation is not an option for me.

Thanks in advance