No, it's a long and complicated history, filled with false starts, delays and so on.I liked the Section 31 movie, but if Paramount wanted to make this a series they already would've done it. Just look at them filming the Starfleet Academy show that literally no one asked for these days. The talk about them providing a S31 series if people demand it is just that, talk. After all, people demanded a Star Trek Legacy series and we aren't getting that.
Short form is: tv series was ready for filming(scripts, production design, everything); covid and star availibilty delays; tv movie filming; now the idea is doing a series without Yeoh...but the very latest, latest is that Yeoh is open to guest starring, so we could see 10 episodes and she might appear in one or two.